Corgi U.S. Equities 10% Structured Buffer ETF - September Series (SEPC)

The Corgi U.S. Equities 10% Structured Buffer ETF - September Series is a defined-outcome exchange-traded fund providing exposure to the U.S. large-cap equity market along with a buffer against part of the downside. The strategy is designed to absorb approximately the first 10% of losses in its reference asset over an outcome period that resets each September.

Like other buffer funds, it typically uses a set of options to create this payoff, and in exchange for the protection, upside over each outcome period is limited by a cap set at the start of the period. Results for an investor depend on when shares are bought within the period. The fund is part of the Corgi structured buffer family, which includes series that reset in other months.