v3.26.3
Annual Fund Operating Expenses
Oct. 13, 2026
Corgi FTSE 7-10 Year U.S. Treasury Bond ETF | Corgi FTSE 7-10 Year U.S. Treasury Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [1]
Distribution and Service (12b-1) Fees 0.00% [1]
Other Expenses (as a percentage of Assets): 0.00% [1],[2]
Expenses (as a percentage of Assets) 0.05% [1]
Corgi FTSE Aaa-A Intermediate Corporate Bond ETF | Corgi FTSE Aaa-A Intermediate Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [3]
Distribution and Service (12b-1) Fees 0.00% [3]
Other Expenses (as a percentage of Assets): 0.00% [3],[4]
Expenses (as a percentage of Assets) 0.05% [3]
Corgi FTSE BBB Rated Corporate Bond ETF | Corgi FTSE BBB Rated Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [5]
Distribution and Service (12b-1) Fees 0.00% [5]
Other Expenses (as a percentage of Assets): 0.00% [5],[6]
Expenses (as a percentage of Assets) 0.05% [5]
Corgi FTSE High Yield Corporate Bond ETF | Corgi FTSE High Yield Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [7]
Distribution and Service (12b-1) Fees 0.00% [7]
Other Expenses (as a percentage of Assets): 0.00% [7],[8]
Expenses (as a percentage of Assets) 0.05% [7]
Corgi FTSE Fallen Angels Bond ETF | Corgi FTSE Fallen Angels Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.08% [9]
Distribution and Service (12b-1) Fees 0.00% [9]
Other Expenses (as a percentage of Assets): 0.00% [9],[10]
Expenses (as a percentage of Assets) 0.08% [9]
Corgi FTSE U.S. MBS Bond ETF | Corgi FTSE U.S. MBS Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [11]
Distribution and Service (12b-1) Fees 0.00% [11]
Other Expenses (as a percentage of Assets): 0.00% [11],[12]
Expenses (as a percentage of Assets) 0.02% [11]
Corgi FTSE Intermediate Government/Credit Bond ETF | Corgi FTSE Intermediate Government/Credit Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [13]
Distribution and Service (12b-1) Fees 0.00% [13]
Other Expenses (as a percentage of Assets): 0.00% [13],[14]
Expenses (as a percentage of Assets) 0.05% [13]
Corgi FTSE National Municipal Bond ETF | Corgi FTSE National Municipal Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [15]
Distribution and Service (12b-1) Fees 0.00% [15]
Other Expenses (as a percentage of Assets): 0.00% [15],[16]
Expenses (as a percentage of Assets) 0.05% [15]
Corgi FTSE Short-Term National Municipal Bond ETF | Corgi FTSE Short-Term National Municipal Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.03% [17]
Distribution and Service (12b-1) Fees 0.00% [17]
Other Expenses (as a percentage of Assets): 0.00% [17],[18]
Expenses (as a percentage of Assets) 0.03% [17]
Corgi FTSE 10-20 Year U.S. Treasury Bond ETF | Corgi FTSE 10-20 Year U.S. Treasury Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [19]
Distribution and Service (12b-1) Fees 0.00% [19]
Other Expenses (as a percentage of Assets): 0.00% [19],[20]
Expenses (as a percentage of Assets) 0.02% [19]
Corgi FTSE California Municipal Bond ETF | Corgi FTSE California Municipal Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.08% [21]
Distribution and Service (12b-1) Fees 0.00% [21]
Other Expenses (as a percentage of Assets): 0.00% [21],[22]
Expenses (as a percentage of Assets) 0.08% [21]
Corgi FTSE New York Municipal Bond ETF | Corgi FTSE New York Municipal Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.08% [23]
Distribution and Service (12b-1) Fees 0.00% [23]
Other Expenses (as a percentage of Assets): 0.00% [23],[24]
Expenses (as a percentage of Assets) 0.08% [23]
Corgi FTSE EM USD Sovereign Bond ETF | Corgi FTSE EM USD Sovereign Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.10% [25]
Distribution and Service (12b-1) Fees 0.00% [25]
Other Expenses (as a percentage of Assets): 0.00% [25],[26]
Expenses (as a percentage of Assets) 0.10% [25]
Corgi FTSE EM Local Currency Sovereign Bond ETF | Corgi FTSE EM Local Currency Sovereign Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.10% [27]
Distribution and Service (12b-1) Fees 0.00% [27]
Other Expenses (as a percentage of Assets): 0.00% [27],[28]
Expenses (as a percentage of Assets) 0.10% [27]
Corgi FTSE EM USD Corporate Bond ETF | Corgi FTSE EM USD Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.10% [29]
Distribution and Service (12b-1) Fees 0.00% [29]
Other Expenses (as a percentage of Assets): 0.00% [29],[30]
Expenses (as a percentage of Assets) 0.10% [29]
Corgi FTSE International Developed Corporate Bond ETF | Corgi FTSE International Developed Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.08% [31]
Distribution and Service (12b-1) Fees 0.00% [31]
Other Expenses (as a percentage of Assets): 0.00% [31],[32]
Expenses (as a percentage of Assets) 0.08% [31]
Corgi FTSE International DM Sovereign Bond ETF | Corgi FTSE International DM Sovereign Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.10% [33]
Distribution and Service (12b-1) Fees 0.00% [33]
Other Expenses (as a percentage of Assets): 0.00% [33],[34]
Expenses (as a percentage of Assets) 0.10% [33]
Corgi FTSE 20+ Year U.S. Treasury Bond ETF | Corgi FTSE 20+ Year U.S. Treasury Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.05% [35]
Distribution and Service (12b-1) Fees 0.00% [35]
Other Expenses (as a percentage of Assets): 0.00% [35],[36]
Expenses (as a percentage of Assets) 0.05% [35]
Corgi FTSE U.S. Treasury Bond ETF | Corgi FTSE U.S. Treasury Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [37]
Distribution and Service (12b-1) Fees 0.00% [37]
Other Expenses (as a percentage of Assets): 0.00% [37],[38]
Expenses (as a percentage of Assets) 0.02% [37]
Corgi FTSE U.S. TIPS Bond ETF | Corgi FTSE U.S. TIPS Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [39]
Distribution and Service (12b-1) Fees 0.00% [39]
Other Expenses (as a percentage of Assets): 0.00% [39],[40]
Expenses (as a percentage of Assets) 0.02% [39]
Corgi FTSE U.S. Aggregate Bond ETF | Corgi FTSE U.S. Aggregate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [41]
Distribution and Service (12b-1) Fees 0.00% [41]
Other Expenses (as a percentage of Assets): 0.00% [41],[42]
Expenses (as a percentage of Assets) 0.02% [41]
Corgi FTSE U.S. IG Corporate Bond ETF | Corgi FTSE U.S. IG Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [43]
Distribution and Service (12b-1) Fees 0.00% [43]
Other Expenses (as a percentage of Assets): 0.00% [43],[44]
Expenses (as a percentage of Assets) 0.02% [43]
Corgi FTSE 5-10 Year IG Corporate Bond ETF | Corgi FTSE 5-10 Year IG Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [45]
Distribution and Service (12b-1) Fees 0.00% [45]
Other Expenses (as a percentage of Assets): 0.00% [45],[46]
Expenses (as a percentage of Assets) 0.02% [45]
Corgi FTSE 10+ Year IG Corporate Bond ETF | Corgi FTSE 10+ Year IG Corporate Bond ETF - ETF Shares  
Prospectus [Line Items]  
Management Fees (as a percentage of Assets) 0.02% [47]
Distribution and Service (12b-1) Fees 0.00% [47]
Other Expenses (as a percentage of Assets): 0.00% [47],[48]
Expenses (as a percentage of Assets) 0.02% [47]
[1] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[2]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[3] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[4]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[5] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[6]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[7] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[8]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[9] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[10]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[11] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[12]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[13] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[14]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[15] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[16]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[17] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[18]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[19] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[20]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[21] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[22]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[23] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[24]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[25] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[26]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[27] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[28]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[29] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[30]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[31] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[32]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[33] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[34]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[35] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[36]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[37] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[38]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[39] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[40]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[41] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[42]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[43] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[44]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[45] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[46]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.
[47] (1) Under the unitary fee arrangement, Corgi Strategies, LLC (the "Adviser") will bear substantially all of the Fund's ordinary operating expenses, except for: advisory fees; interest on borrowings for investment purposes; taxes; brokerage commissions and other costs of purchasing and selling portfolio securities and other investment instruments; acquired fund fees and expenses; accrued deferred tax liability; any distribution fees and expenses paid under a Rule 12b-1 plan adopted pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"); litigation expenses; and other non-routine or extraordinary expenses.
[48]
(2) The Fund is newly organized. All fees and expenses are estimated for the current fiscal year.