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Thematic ETF · Consumer Fintech

Corgi Buy Now Pay Later ETF

LATR

Actively managed exposure to companies across the installment lending and embedded finance value chain, from buy-now-pay-later platforms and card-issuing networks to credit-risk engines, identity verification tools, merchant integration layers, and lending infrastructure spanning e-commerce, in-store retail, healthcare, travel, and business-to-business (B2B) procurement.

0.35% Expense RatioCboe30 HoldingsInception 05/05/2026
Market Price · 2026-07-03
$28.00
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Why Invest?
01
$80 Billion by 2033
The global buy now, pay later (BNPL) market is projected to grow from $9.5 billion in 2024 to $80.1 billion by 2033, a 27.00% compound annual growth rate (CAGR). (Grand View Research, 2025)
02
6.00% of U.S. E-Commerce
Buy now, pay later accounts for 6.00% of U.S. e-commerce transaction value and is forecast to grow at 13.00% annually through 2030. (Worldpay Global Payments Report, 2025)
03
Rising Volume, Falling Defaults
BNPL loan originations grew 23.00% year-over-year in 2023 while charge-off rates fell to 1.83%. (Consumer Financial Protection Bureau, December 2025)
04
One in Five U.S. Adults
Approximately 21.00% of U.S. consumers with a credit record financed at least one BNPL purchase in 2022, with approval rates reaching 79.00%. (Consumer Financial Protection Bureau, January 2025)
Net Asset Valueas of Jul 3, 2026
$28.03
Expense Ratio
0.35%
Assets Under Managementas of Jul 3, 2026
$1.40M
Base Currency
U.S. Dollar
Premium / Discount
-0.08%
Distribution
Annual
Performance
NAV vs Market Price · Since Inception
Performance information will be available after the Fund has completed one full calendar quarter of operations.
Premium / Discount
Quarterly Data · Since Inception
Premium / discount history will appear here once available.
QuarterDays at NAVDays at PremiumDays at DiscountP/D +/- 2%
Current Quarter————
The above table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund’s daily net asset value (“NAV”). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than NAV when those shares are sold because shares are bought and sold at current. The Fund is newly organized and has no performance history. Performance data will be available after the Fund has completed a sufficient period of operations. Past performance does not guarantee future results.
Holdings
Top 0 of 30 total (subject to change) · As of Jul 3, 2026
#CompanyWeightMarket ValueWgt %CUSIP
Top 10 = 0.00% of fund · 30 total holdings (subject to change)

Fund Facts

TickerLATR
Expense Ratio0.35%
Assets Under Management(as of Jul 3, 2026)$1.40M
Base CurrencyUSD
Last Closing Price(as of Jul 3, 2026)$28.00
NAV(as of Jul 3, 2026)$28.03
Premium / Discount-0.08%
30-Day Median Bid/Ask Spread—
SEC 30-Day YieldTBD
Distribution FrequencyAnnual
ExchangeCboe
Management StyleActive
CUSIP218946 697
Inception Date05/05/2026
AdviserCorgi Strategies, LLC
DistributorParalel Distributors LLC
CustodianU.S. Bank N.A.
AdministratorU.S. Bancorp Fund Services
Transfer AgentU.S. Bancorp Fund Services
AuditorTait Weller

Documents

PDF
Prospectus
2026-02-01
↓
PDF
Fact Sheet
↓
PDF
SAI
2026-02-01
↓
CSV
Daily Holdings
↓
PDF
Annual Report
↓
PDF
Summary Prospectus
↓

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Disclosures

Investment Objective. The Corgi Buy Now Pay Later ETF seeks capital appreciation.

Investors should consider the investment objectives, risks, charges, and expenses of each Fund carefully before investing. This and other important information is contained in the prospectus for each Fund, which can be obtained without charge from corgifunds.com or from the SEC at www.sec.gov. Read the applicable prospectus carefully before investing.

The Fund is newly organized and has limited operating history. There can be no assurance that the Fund will grow to or maintain an economically viable size. It may take time for the Fund to attract sufficient assets and for an active secondary market for its shares to develop or be sustained, which could result in wider bid-ask spreads, increased trading costs, or trading at a premium or discount to net asset value.

The information on this site is for informational purposes only and does not constitute investment, tax, or legal advice. Please consult your own investment, tax, and legal professionals regarding your specific situation.

The Funds’ shares are listed for trading on Cboe BZX Exchange, Inc. (the “Exchange”). The Funds are not sponsored, endorsed, sold, or promoted by the Exchange. The Exchange makes no representation regarding the advisability of investing in any Fund and is not responsible for, nor has it participated in, the determination of the timing of, prices of, or quantities of Fund shares to be issued or in the determination or calculation of the equation by which shares of any Fund are redeemable. The Exchange has no obligation or liability in connection with the administration, marketing, or trading of Fund shares.

Corgi Buy Now Pay Later ETF Risk. The Corgi Buy Now Pay Later ETF is subject to the investment risks associated with companies materially involved in the buy-now-pay-later and embedded lending ecosystem, including installment platform operators, payment processors, card-issuing networks, credit underwriting and risk analytics providers, identity verification and fraud prevention services, merchant integration platforms, and embedded finance infrastructure. Because the Fund concentrates in BNPL and installment lending companies, its performance will depend to a greater extent on consumer credit conditions, regulatory developments affecting installment lending, interest rate environments, competition among BNPL providers and traditional credit card issuers, and the pace of merchant and consumer adoption of installment payment products. Companies in this sector face risks related to consumer credit losses, regulatory reclassification of BNPL products as credit, changes in merchant fee structures, technology and competitive disruption, and dependence on consumer spending levels. The regulatory landscape for BNPL is evolving rapidly across multiple jurisdictions, including potential federal regulation in the United States, the EU Consumer Credit Directive II bringing BNPL under unified European regulation, and new licensing requirements in Australia and the United Kingdom. New regulations requiring creditworthiness assessments, enhanced disclosures, or licensing may materially impact provider business models and profitability. The Fund is non-diversified and may invest a greater percentage of its assets in a limited number of issuers, increasing issuer-specific risk. Please see the Fund’s prospectus for a more complete discussion of these and other risks.

In addition, the fund is subject to general equity market volatility and may experience amplified fluctuation due to its industry concentration.

Investing involves risk, including possible loss of principal. There is no guarantee that any investment strategy or any Fund will achieve its objectives. Shares of the Funds are bought and sold on an exchange at market price and are not individually redeemable from the Funds. Market price will fluctuate, sometimes materially, and may be higher or lower than net asset value (“NAV”). Brokerage commissions, bid-ask spreads and other trading costs will reduce returns. Performance data represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Premium/discount data shows the relationship between the market price of a Fund’s shares and that Fund’s NAV. Historical premium/discount data may not be indicative of future premium/discount levels.

The Fund issues and redeems shares only in large blocks called “Creation Units” at NAV next determined after an order is accepted. Only authorized participants (“APs”) may transact in Creation Units directly with the Fund. Investors should contact their broker or financial intermediary to place trades.

This site is intended only for investors resident in the United States. Nothing on this website is an offer to sell, or a solicitation of an offer to buy, any security in any jurisdiction where such offer or solicitation would be unlawful.

Corgi ETF Trust I. Investment adviser: Corgi Strategies, LLC. Distributor: Paralel Distributors LLC. Member Firm. Paralel is unaffiliated with Corgi Strategies, LLC, The Corgi Company. © 2026 Corgi Strategies, LLC. All rights reserved.