VAIE — VegaShares US Equity Autocallable Income ETF ☆

VegaShares US Equity Autocallable Income ETF is actively managed and seeks high current income with loss protection, gaining exposure through derivatives like total return swaps to an NYSE index of adaptive-volatility autocallables on the US 500. The index is a theoretical laddered portfolio of 52 synthetic equity-linked autocallables, each paying a contingent monthly coupon and subject to early redemption and conditional principal protection. Leftover assets may sit in short-term Treasurys or money market funds.