VegaShares Launches VAIC With Laddered Autocallable Exposure

VegaShares has launched the VegaShares US Equity Autocallable Conservative Income ETF (VAIC), an actively managed fund using swaps to access an index of 52 laddered synthetic autocallables. Each references one of 11 NYSE U.S. 500 Target Volatility+ indices, targeting volatility levels from 20% to 30% through dynamically adjusted U.S. equity exposure capped at 300%. Monthly coupons depend on reference indices remaining at or above 60% of starting levels. Below that threshold at maturity, principal losses reflect the reference index’s full decline. “Conservative” refers only to positioning within VegaShares’ autocallable range; principal and distributions are not guaranteed.