VegaShares ETF Trust’s Fixed Rate Callable Bond ETF will invest at least 80% of net Assets plus investment-purpose borrowings in fixed-rate callable bonds. The fund seeks current income, charges 0.40% in annual operating expenses and trades at market prices that may differ from NAV for shareholders.

Key Highlights

  • Total annual fund operating expenses are 0.40%, with other expenses estimated at 0.00%.
  • A $10,000 Investment example shows costs of $41 after 1 Year and $128 after 3 Years.
  • Sunny Wong manages the fund, while the adviser delegates trading execution to Tidal Investments LLC as sub-adviser.

0.40% Expenses and Fund Management

The fund seeks current income, with Capital preservation as its secondary objective. The expense table lists total annual fund operating expenses at 0.40% and other expenses at 0.00%, with the latter estimated for the current fiscal year. For a hypothetical $10,000 investment earning a 5% return each year, the cost illustration shows $41 after 1 Year and $128 after 3 Years, although actual costs may differ. Vega Capital Partners LLC advises the actively managed ETF, Sunny Wong serves as portfolio manager, and Tidal Investments LLC handles trading execution as sub-adviser.

Market Pricing and Investor Costs

Individual shares can be bought and sold through Brokers on NYSE Arca at market prices that may be above or below NAV. Creation Unit purchases and redemptions primarily use cash, and related brokerage costs or taxable gains and losses can reduce NAV when transaction fees do not offset those costs. Fees paid to swap counterparties are embedded in swap returns and represent an indirect investment cost; they are not reflected in the Annual Fund Operating Expenses table.