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Corgi Invest Unveils MN ETF for Retail Investors

In a significant development for retail investors, Corgi Invest has announced the launch of the MN (Corgi MANGOS ETF), an actively managed exchange-traded fund (ETF) designed to provide easy access to two prominent AI companies, OpenAI and Anthropic. This fund aims to democratize investment opportunities that have traditionally been available only to venture capitalists and insiders. Alongside these innovative firms, the MN ETF will also include shares from tech giants like Meta Platforms, NVIDIA, Alphabet (Google), and SpaceX. The acronym MANGOS highlights the first letters of each of these six companies.

Jeff Weniger, the Chief Investment Strategist at Corgi Invest, expressed the importance of this launch, stating, "For years, exposure to OpenAI and Anthropic has been reserved for venture investors and insiders. MN puts that exposure inside a wrapper investors already know how to use: a standard, exchange-traded fund, bought and sold like any other ETF, with no lockups and no accreditation requirement." This initiative signifies a shift, enabling retail investors to diversify their portfolios by embracing cutting-edge AI technology innovations through a familiar investment structure.

Targeted Access to AI Powerhouses

Historically, investing in OpenAI and Anthropic has been challenging due to their status as privately held companies. However, the MN ETF plans to bridge this gap, providing indirect exposure via cash-settled total return swaps, thus allowing participation without the need for direct equity purchases. These swaps are structured to offer a one-for-one exposure to the respective companies, without any leveraged return multiplier, ensuring that investors' risks align closely with the performance of the underlying assets. Importantly, the Fund's exposure to these two companies is capped at 15% of its net assets, aligning with a robust liquidity risk management strategy.

Fund Composition and Investor Access

Beyond its focus on OpenAI and Anthropic, the MN ETF aims for capital appreciation by allocating at least 80% of its net assets in equity securities of all six MANGOS companies and related financial instruments. These investments are actively managed rather than following a static index, potentially allowing for better performance. Investors can conveniently trade shares of the MN ETF through any brokerage account, akin to other ETFs, thereby ensuring flexibility and accessibility. The fund carries an attractive total annual operating expense ratio of just 0.20%, making it a competitive option for investors seeking exposure to high-growth sectors.

About the MN Companies

The MN ETF encompasses not only OpenAI and Anthropic but also significant players in the tech landscape: Meta Platforms, known for its social media and virtual/augmented reality applications; NVIDIA, a leader in GPU technology and AI infrastructure; Alphabet, the parent company of Google, excelling in search, cloud, and AI; and SpaceX, a pioneer in aerospace and AI integration. The active management approach to portfolio weightings allows the fund to adapt and shift investment strategies in response to market changes, positioning itself for future growth.

Availability and Future Outlook

Trading for the MN ETF initiated on the Cboe BZX Exchange on October 2, 2026. Investors interested in gaining exposure to a curated selection of AI and tech-focused companies can now do so through Corgi Invest’s innovative platform. Founded in 2025 and registered with the SEC, Corgi Strategies, LLC is committed to building actively managed ETFs that provide everyday investors with access to concentrated, high-conviction themes that drive market-change.

As the landscape of artificial intelligence continues to evolve rapidly, the MN ETF stands out as a unique opportunity for retail investors to participate in the growth of transformative technologies reshaping industries. With a strong management team and a clear focus on investor accessibility, Corgi Invest is setting a new standard in the world of investment funds.