Corgi International Developed Equities 15% Structured Buffer ETF - August Series (IDAU)

The Corgi International Developed Equities 15% Structured Buffer ETF - August Series is a defined-outcome fund from Corgi ETFs. It seeks exposure to international developed-market stocks while using an options-based structure intended to buffer the first 15% of losses over an annual outcome period that begins in August.

Funds of this type generally give up some upside, through a cap on gains, in exchange for the downside buffer, and the stated outcomes apply only to shares held for the full outcome period. IDAU is one of several monthly series in the same Corgi buffer lineup, each with its own start date.