FOR DEMONSTRATION PURPOSES ONLY — This website is a conceptual demonstration and does not represent an actual investment product or offering.
Stablecoin-Backed
Acquisition Capital
A $1.1 billion actively managed ETF providing exposure to stablecoin-enabled acquisition platforms and merger-driven value realization.
Current Income & Long-Term Capital Appreciation
SJU ETF is designed to generate current income and long-term capital appreciation through concentrated exposure to stablecoin-backed acquisition companies. The Fund holds unrestricted common equity positions in 110 acquisition platforms, each capitalized with stablecoin funding and structured to pursue mergers, consolidations, recapitalizations, and public market monetization strategies.
Each platform is valued at a minimum of $300 million post-money. The strategy emphasizes dividend yield, structured equity re-rating, and merger-driven value realization through a repeatable capital formation and consolidation framework.
Acquisition-Stage Capital Formation
Seeding & Capitalization
The Fund seeds acquisition companies with stablecoin capital using a standardized structure. Each entity is initially capitalized with $10 million at a $2 per share valuation, followed by a PIPE round at $5 per share (approximately 9.9% of post-money valuation), and then lists publicly at $10 per share on a fully diluted basis.
Dividend Structure
Following listing, each company targets an 8% annual dividend based on the $10 public price. For PIPE investors, this structure produces an effective yield of approximately 16%. Dividends may be sourced from operating cash flows, recapitalizations, structured distributions, or balance-sheet optimization transactions.
Merger Execution
The Fund partners with operating businesses that require capital, public listing access, governance restructuring, or financial reorganization. Following completion of a merger, securities are generally free-trading with no contractual lock-ups imposed by the Fund. Each post-merger company is required to produce GAAP-compliant financial statements and engage a PCAOB-registered audit firm within twelve months of closing.
Stablecoin-Enabled Capital Markets
The Fund provides investors with exposure to stablecoin-enabled capital markets infrastructure and acquisition-stage public companies that are otherwise difficult to access through traditional exchange-traded products. This represents a unique intersection of digital asset innovation and traditional finance.
GENIUS ACT DISCLOSURE: The Fund's operations are conducted in compliance with applicable stablecoin regulations and digital asset frameworks. All stablecoin transactions are subject to full AML, KYC, sanctions screening, and transaction monitoring protocols through regulated transfer agents and custodians.
Use of Capital
Sponsor Note Repayment
60%Allocated to repayment of the initial sponsor note, structured explicitly in favor of the selling sponsors. This repayment priority is a core economic feature of the Fund and is disclosed in offering and regulatory materials.
Merger & Acquisition Activity
20%Allocated to merger and acquisition activity, including transaction execution, integration costs, and post-merger capitalization.
Operations & Compliance
20%Allocated to legal, audit, structuring, reserves, and working capital necessary to support ongoing operations and regulatory compliance.
Delaware Statutory Trust
The Fund is organized as a U.S. Delaware statutory trust utilizing a series trust structure. SJU ETF operates as the master fund. An optional Cayman Islands feeder vehicle may be established to accommodate offshore and non-U.S. investors.
The Fund is listed on NYSE Arca and operates in compliance with SEC Rule 6c-11. Net asset value, portfolio holdings, and creation and redemption baskets are disclosed daily. Shares settle on a T+1 basis.
Digital Twin & Tokenization
The Fund may issue tokenized representations of ETF shares for parallel trading on compliant digital asset platforms. These tokenized units are economically identical to traditional ETF shares and confer no additional governance, voting, or economic rights.
All tokenized issuance is conducted through regulated transfer agents and custodians. Full AML, KYC, sanctions screening, and transaction monitoring protocols apply. Net asset value remains authoritative and determinative for pricing and reporting purposes. No algorithmic or autonomous pricing mechanisms are employed.
SJU Core Portfolio
The first 30 acquisition companies identified for merger activity, collectively referred to as the "SJU Core Portfolio," are subject to enhanced disclosure standards.
Detailed identification of founders, sponsors, and affiliated parties
Disclosure of all related-party transactions and ownership percentages before and after mergers
Independent third-party valuation opinions required for all material asset transfers and equity exchanges
Information-sharing protocols and conflict-of-interest controls to prevent selective disclosure
Risk Disclosures & Forward-Looking Statements
FORWARD-LOOKING STATEMENTS
This website and related materials contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied in such statements. Forward-looking statements include, but are not limited to, statements regarding the Fund's investment objectives, strategies, expected returns, dividend yields, merger execution timelines, and market conditions. No assurance is given that investment objectives will be achieved. Past performance is not indicative of future results.
INVESTMENT RISKS
Investment in the Fund involves substantial risks, including but not limited to:
- Crypto and Stablecoin Market Volatility: The Fund's exposure to stablecoin-backed structures subjects investors to digital asset market risks, including price volatility, liquidity constraints, and technological failures.
- Regulatory Change: Digital asset regulations are evolving. Changes in regulatory frameworks may adversely affect the Fund's operations, valuation, and ability to execute its strategy.
- Merger Execution Risk: The Fund's strategy depends on successful completion of mergers and acquisitions. Transaction failures, integration challenges, or adverse market conditions may impair returns.
- Valuation Uncertainty: Portfolio companies may be difficult to value due to limited operating history, illiquid markets, or complex capital structures. Independent valuations may differ from internal estimates.
- Liquidity Constraints: Certain portfolio holdings may be subject to lock-up periods, transfer restrictions, or limited secondary market liquidity, which may impair the Fund's ability to exit positions.
- Concentration Risk: The Fund maintains concentrated positions in acquisition-stage companies, which may result in greater volatility and risk of loss compared to diversified investment strategies.
- Conflicts of Interest: The Fund's management and affiliates may have economic interests in portfolio companies or related transactions. While conflict-of-interest controls are in place, such conflicts may adversely affect investment decisions.
GENIUS ACT COMPLIANCE
The Fund's stablecoin-related activities are conducted in accordance with the GENIUS Act and applicable federal and state regulations governing digital assets. All stablecoin issuers, custodians, and transfer agents utilized by the Fund are subject to regulatory oversight and compliance requirements. The Fund maintains comprehensive AML/KYC procedures, sanctions screening protocols, and transaction monitoring systems to ensure compliance with applicable laws and regulations.
REGULATORY COMPLIANCE
The Fund is registered under the Investment Company Act of 1940 and files Form N-1A with the Securities and Exchange Commission. The Fund is listed on NYSE Arca pursuant to an approved listing application. The Fund maintains authorized participant agreements, transfer agent contracts, custodian agreements, and audit engagements at all times. The Fund maintains a formal code of ethics. Self-dealing is prohibited. Any general partner note used for initial capitalization is issued on arm's-length terms and fully disclosed.
DISTRIBUTION POLICY
The Fund targets an annual cash distribution rate of approximately 8% based on a $10 share price. Distributions are expected to be made quarterly, subject to board approval and available distributable income. Distributions may consist of ordinary income, capital gains, or return of capital. Any return-of-capital distributions are clearly disclosed and may reduce the tax basis of shares. There is no guarantee that the Fund will achieve its target distribution rate or that distributions will be maintained at any particular level.
INVESTMENT HORIZON
The Fund is structured with a minimum recommended investment horizon of three years. No forced liquidation of portfolio holdings is contemplated during the first thirty-six months following launch. Opportunistic exits may occur thereafter based on market conditions and portfolio considerations. Investors should be prepared to maintain their investment for the recommended horizon to allow the Fund's strategy to be fully executed.
Management & Fees
The Fund is managed by a five-person senior investment team with experience in structured finance, mergers and acquisitions, capital markets, and digital asset infrastructure. Fund administration, accounting, and compliance services are provided by Ranger Investments or a comparable institutional back-office provider.
Management Fee
Annual fee based on net assets
Performance Fee
Performance-based compensation payable only after defined hurdle rate is achieved
Launch Timeline
SEC Review & Effectiveness
Form N-1A filing and SEC review process
Auditor & AP Onboarding
Engagement of PCAOB-registered auditor and authorized participant agreements
NYSE Arca Approval
Listing application approval and exchange readiness
Trading Commencement
Primary market creation activity and secondary market trading begin
The Fund targets launch within approximately 60 days following receipt of the applicable court order and regulatory clearances. Timeline is subject to regulatory review and approval processes.