Corgi U.S. Equities 10% Structured Buffer ETF - August Series (AUGC)

The Corgi U.S. Equities 10% Structured Buffer ETF - August Series is a defined-outcome fund from Corgi that seeks to track the returns of the U.S. large-cap equity market up to a cap, while buffering against the first 10% of losses over an outcome period that begins each August.

To create this payoff, the fund uses a package of options, typically FLEX options referencing a broad U.S. equity benchmark or an ETF tracking it. The buffer applies only to shareholders who hold for the full outcome period, and the upside cap is reset at the start of each new period based on market conditions. Investors who buy mid-period may experience a different buffer and cap than the stated levels.

Losses beyond the 10% buffer are borne by the fund. Like other buffer ETFs, it is designed for people seeking equity exposure with a defined range of potential outcomes rather than full market participation.