#United States #Naples #Equable Shares #HEDG ETF #EQHEX Mutual Fund

Equable Shares Completes Transformation to ETF

In a significant development for investors and asset management enthusiasts, Equable Shares has completed the tax-free transformation of its EQHEX mutual fund into a newly minted Exchange-Traded Fund (ETF) called the Equable Shares Hedged Equity ETF, trading under the ticker symbol HEDG on the NYSE Arca, effective October 13, 2025. This strategic shift marks a new era for the company, which specializes in hedged equity solutions designed to offer steady growth amidst market volatility.

Understanding the Transition

Equable Shares, based in Naples, Florida, led by CEO Ron Santella, emphasized that this conversion ensures that current shareholders maintain their investment exposure and management team's expertise, without incurring tax liabilities. Every shareholder received shares of HEDG in a tax-free exchange, preserving the model that delivered consistent performance under the previous mutual fund structure.

The transition to an ETF format is aligned with broader market trends and provides increased flexibility for investors. ETFs typically offer lower expense ratios than mutual funds, as well as more efficient trading capabilities. For shareholders, the switch not only signifies retention of investment strategies but also unlocks a more efficient structure characterized by reduced costs and enhanced market accessibility.

The Strategy Behind HEDG

The newly launched HEDG ETF seeks to achieve long-term capital appreciation while minimizing volatility. It employs a systematic approach that involves an options overlay on large-cap U.S. equities. By primarily investing in S&P 500 exposure through exchange-traded funds, HEDG implements a disciplined regime of covered call writing and put spread hedging. This technique aims to generate income while also managing potential downside risks. Essentially, it allows the fund to buffer against market shifts while striding confidently towards growth.

Still actively managed by the same experienced team, HEDG maintains its core investment objective and framework. The investment management team’s reputation for navigating various economic climates and consistent risk-adjusted returns exemplifies Equable Shares' commitment to delivering value to its investors.

Important Fund Details

Key Information:

• - Ticker: HEDG
• - Exchange: NYSE Arca
• - Listing Date: October 13, 2025
• - Advisor: Teramo Advisors LLC
• - Total Annual Fund Operating Expenses: 0.92%, including 0.04% for Acquired Fund Fees

As with any investment, potential investors are encouraged to review the fund’s prospectus, which outlines essential information regarding risks and expenses. It is particularly crucial, as ETF investments carry risks, including potential principal loss due to the inherent volatility of equities and derivatives utilized in the fund's investment strategy.

About Equable Shares

Founded by Ron Santella, who serves as both CEO and CIO, Equable Shares has established itself as a leader in the asset management field. The firm's tailored strategies incorporate equity exposure along with sophisticated options-based risk management, aimed at providing investors with reliable, risk-adjusted returns. This philosophy continues to guide them as they adapt to evolving market conditions.

For further details, investors can visit Equable Shares' official website or reach out via email for inquiries regarding the new ETF, its investment strategy, or its long-term goals.

Conclusion

The transformation of EQHEX into the HEDG ETF not only aligns with market trends but also signifies Equable Shares' commitment to innovation in investment management. With a clear strategy and a proven team at the helm, the newly minted ETF represents an exciting opportunity for investors seeking structured growth in an unpredictable economy.