New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Toews will revise the investment objective and strategy of its Agility Shares Managed Risk ETF (MRSK) effective on or about August 28, 2026. The fund will remove its goal of generating income, changing its objective to focus solely on long-term capital growth while limiting risk. The strategy will also be updated to remove references to generating income from writing call options, while continuing to use S&P 500 exposure and options strategies to reduce downside risk and portfolio volatility.
At a glance
- Beat
- Fund Updates
- Issuer
- Toews Asset Management
- Region
- United States
- Filed
- 29 June 2026
Source: SEC Filings
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