VegaShares Files ETF Offering Laddered Autocall Strategy via Swaps

The VegaShares US Equity Autocallable Conservative Income ETF (VAIC) is designed to provide exposure to a laddered portfolio of synthetic autocallable notes through total return swaps rather than holding the notes directly. The actively-managed strategy references volatility-targeted NYSE U.S. 500 Target Volatility+ indexes, aiming to generate contingent coupon income while maintaining exposure to U.S. equities. The fund will use a rolling ladder of autocall structures with staggered maturities to diversify timing risk and may hold Treasuries, cash, money market instruments, and box spreads as collateral and liquidity investments.