Corgi Growth & Technology 15% Structured Buffer ETF - July Series (QQJL)

The Corgi Growth & Technology 15% Structured Buffer ETF - July Series (ticker QQJL) is a defined-outcome exchange-traded fund from Corgi ETFs. It seeks to provide exposure to large-cap U.S. growth and technology stocks, represented by a Nasdaq-100-linked reference asset, with a buffer against the first 15% of losses over an annual outcome period that begins in July.

The fund creates its payoff mainly with options on the reference asset. In exchange for the 15% downside buffer, upside participation is limited to a cap that is set at the start of each outcome period and reset annually.

The July Series is one of several monthly series in the Corgi buffer lineup. Investors purchasing shares partway through an outcome period may experience a different effective buffer and cap than those established at its start.