In the news release, Corgi Enters the Buffer ETF Space with Three New Structured Buffer ETFs on Cboe BZX, issued 06-May-2026 by Corgi Funds over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:
Corgi Launches Suite of Nine Structured Buffer ETFs on Cboe BZX
Corgi lists CMAY, MAYC, QQMY, QMY, SCMY, CTMA, HMAY, IDMY, and EMMY — offering built-in downside buffers across U.S. equity, technology, small-cap, international, and emerging market exposures at a gross expense ratio of 0.40% and net expense ratio of 0.30%*.
CHICAGO, May 6, 2026 /PRNewswire/ -- Corgi, an AI fintech startup, announced the launch and listing of nine Structured Buffer ETFs on Cboe BZX Exchange, marking the firm's first entry into the buffer ETF space. The new funds use FLEX Options (Flexible Exchange Options) to provide exposure to the price return of a reference ETF up to a cap, while seeking to buffer against a defined level of downside losses over an annual outcome period running from May 1, 2026 to April 30, 2027. All nine funds carry a gross expense ratio of 0.40% and net expense ratio of 0.30%* among the lowest in the structured buffer ETF category.
U.S. Equities (SPDR S&P 500 ETF Trust)
Corgi U.S. Equities 10% Structured Buffer ETF – May Series (Cboe BZX: MAYC)
Corgi U.S. Equities 15% Structured Buffer ETF – May Series (Cboe BZX: CMAY)
Corgi U.S. Equities 30% Structured Buffer ETF – May Series (Cboe BZX: CTMA)
Corgi U.S. Equities 100% Structured Buffer ETF – May Series (Cboe BZX: HMAY)
Growth & Technology (Invesco QQQ Trust, tracking the Nasdaq-100 Index)
Corgi Growth & Technology 10% Structured Buffer ETF – May Series (Cboe BZX: QMY)
Corgi Growth & Technology 15% Structured Buffer ETF – May Series (Cboe BZX: QQMY)
U.S. Small-Cap (iShares Russell 2000 ETF)
Corgi U.S. Small-Cap 15% Structured Buffer ETF – May Series (Cboe BZX: SCMY)
International Developed (iShares MSCI EAFE ETF)
Corgi International Developed Equities 15% Structured Buffer ETF – May Series (Cboe BZX: IDMY)
Emerging Markets (iShares MSCI Emerging Markets ETF)
Corgi Emerging Markets Equities 15% Structured Buffer ETF – May Series (Cboe BZX: EMMY)
Buffer levels range from 10% to 100%, giving investors the ability to choose the level of downside protection that fits their risk tolerance. CTMA offers a deep buffer that seeks to cover losses between -5% and -35% of the SPDR S&P 500 ETF Trust (SPY), while HMAY seeks to buffer against 100% of SPY losses over the outcome period.
"We're excited to bring Structured Buffer ETFs to our growing lineup," said Nicolas Laqua, CEO. "These funds are designed for investors who want to participate in market upside while having a built-in cushion against losses. Whether an investor is looking for broad U.S. large-cap equity exposure, technology and growth leaders, small-cap opportunities, or international and emerging market diversification, our buffer suite offers a defined-outcome approach at a competitive expense ratio."
All nine funds are listed on Cboe BZX Exchange and can be bought and sold throughout the trading day through broker-dealers and other financial intermediaries.
*The net expense ratio reflects a contractual fee waiver by Corgi Strategies, LLC (the "Adviser"), which has agreed to waive a portion of its management fee equal to 0.10% of each Fund's average daily net assets. This agreement has no termination date and may not be terminated without the approval of the Board of Trustees, upon not less than thirty (30) days' prior written notice to the Adviser; provided that the Board may not terminate the agreement with respect to any Fund prior to the one-year anniversary of the effective date of the agreement with respect to such Fund. Amounts waived are not subject to recoupment by the Adviser. The gross expense ratio for each Fund is 0.40%.
About Corgi
Corgi is an AI Financial Infrastructure Company creating innovative products in insurance and finance. We're building the foundation for a new generation of financial services, with AI and technology at the core from day one. To learn more about Corgi, follow us on LinkedIn, on X, or at www.corgifunds.com.
Important Information
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Funds and should be read carefully before investing. A copy of the prospectus is available at www.corgifunds.com.
Please click the Glossary Link to view a list of terms and definitions.
Investing involves risk, including possible loss of principal. There is no guarantee that any Fund will achieve its investment objective.
Each Fund seeks to provide investors with returns that match the price return (excluding dividends) of its reference ETF, up to a predetermined cap, while providing a buffer against a defined level of reference ETF losses over an approximately one-year outcome period. The buffer is before taking into account management fees and other fund fees.
The Funds' buffered strategy is designed to provide a buffer against losses of the reference ETF over an outcome period, but there is no assurance it will do so. The buffer is not principal protection. A shareholder may lose some or all of their investment. The intended buffered outcome is generally sought only for shareholders who hold shares for the full outcome period. Investors who purchase shares after the FLEX Options are established, or sell shares before they expire, may experience different results.
Certain Funds employ a "deep buffer" strategy in which shareholders bear the first portion of losses before the buffer applies, and losses beyond the buffer range are also borne by shareholders. Other Funds seek to buffer against the first specified percentage of losses. Investors should review each Fund's prospectus for the specific buffer structure applicable to that Fund.
Each Fund's potential gains for an outcome period are limited by a maximum return level (the "Cap"). If the reference ETF appreciates by more than the Cap during an outcome period, the Fund will not participate in returns above the Cap. A new Cap is established at the beginning of each outcome period and is dependent on prevailing market conditions. The Cap may rise or fall from one outcome period to the next.
The Funds use FLEX Options that are issued and guaranteed for settlement by The Options Clearing Corporation ("OCC"). The Funds are subject to the risk that the OCC is unable or unwilling to meet its obligations. FLEX Options may trade in less liquid markets. The value of FLEX Options is influenced by changes in the reference ETF's share price, interest rates, volatility, and time remaining until expiration.
The Funds are newly organized and have limited or no operating history. It may take time for the Funds to attract sufficient assets, build secondary-market liquidity, and achieve investment and trading efficiencies. ETF shares trade at market price (not NAV), are not individually redeemable, and may trade at a premium or discount to NAV. Brokerage commissions will reduce returns.
This release is informational only and not an offer or solicitation; offers are made only by prospectus.
Paralel Distributors, LLC (FINRA/SIPC) is the distributor. Corgi Strategies, LLC is the adviser. Paralel is unaffiliated with Corgi Strategies, LLC and Corgi. Control No.: COR56
Media Contact
Emily Yuan
COO
[email protected]
301-693-2267
Correction: The entire release has been updated including the headline and subheadline.
SOURCE Corgi Funds
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