Yorkville America Launches 2X Long MANGOS Plus Daily Target ETF (MNGZ)

New leveraged ETF MNGZ offers 2x daily exposure to FRUT, with Yorkville emphasizing active monitoring and significant risk for investors.

Rhea-AI Summary

Yorkville America (MNGZ) has launched the Yorkville America 2X Long MANGOS Plus Daily Target ETF, effective September 17, 2026. The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of the Yorkville America MANGOS Plus Index ETF (FRUT), using primarily swap agreements and potentially FLEX options or direct FRUT share investments. MNGZ’s leverage resets each trading day, so returns over periods longer than one day can differ substantially from twice FRUT’s cumulative performance, especially in volatile markets. The ETF is listed on NYSE Arca and NYSE Texas, charges a 0.90% management fee, and has Tidal Investments as sub-adviser.

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MNGZ offers sophisticated, actively-monitoring traders daily leveraged exposure to the Yorkville America MANGOS Plus Index ETF (FRUT)

MOUNTAINSIDE, N.J., Sept. 17, 2026 /PRNewswire/ -- Yorkville America Equities, LLC, an asset management firm and registered investment adviser, announced the launch of the Yorkville America 2X Long MANGOS Plus Daily Target ETF (Ticker: MNGZ), today, September 17, 2026.

MNGZ seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Yorkville America MANGOS Plus Index ETF (FRUT). The Fund gains this exposure primarily through swap agreements and may also use FLEX options or direct investment in FRUT shares. MNGZ's exposure resets daily, and due to the compounding of daily returns, results over periods longer than a single day can differ significantly from a simple 200% expectation, particularly in volatile markets.

MNGZ is designed to be utilized only by sophisticated investors, such as traders and active investors employing dynamic strategies, who understand the risks associated with the use of leverage, understand the consequences of seeking daily leveraged investment results, and intend to actively monitor and manage their investment. Investors who do not intend to actively manage their funds and monitor their investments should not buy the Fund.

"MNGZ is built for a specific purpose: to provide sophisticated traders a disciplined, rules-based means of expressing a bullish short-term view on FRUT's daily performance," said Steve Neamtz, CEO, Yorkville America. "The Fund seeks 200% of that daily performance, resets its exposure each trading day, and requires active monitoring throughout the holding period. It is a precision tool, which defines the fund's intended use."

Fund Details at a Glance:

Ticker: MNGZ

Underlying Security: Yorkville America MANGOS Plus Index ETF (FRUT)

Investment Objective: 200% of FRUT's daily performance

Effective Date: September 17, 2026

Listing Exchange: NYSE Arca and NYSE Texas

Management Fee: .90%

Sub-Adviser: Tidal Investments, LLC

About Yorkville America

Yorkville America is a multi-vertical asset management platform built on American conviction and institutional discipline. The firm develops rules-based, transparent investment strategies across digital, physical, and financial systems for advisors, institutions, and individual investors — with every strategy screened, documented, and disclosed. Durable opportunity comes from identifying structural forces early and building toward them with discipline rather than impulse. Yorkville America is part of Yorkville Global, a platform of investment, advisory, and securities businesses. For more information, visit www.yorkvilleamerica.com.

About Yorkville America Equities

Yorkville America Equities is a registered investment adviser focused on developing disciplined, rules-based investment strategies across the American economy's structural forces — including digital infrastructure, physical industry, and institutional strategy. The firm only transacts business in states where it is properly notice filed or is excluded or exempted from registration requirements. Additional Important Disclosures may be found in our Form ADV Part 2A, which can be found at https://adviserinfo.sec.gov/firm/summary/336431.

Disclosures

An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. The prospectus and other applicable regulatory offering documents related to the Yorkville America 2X Long MANGOS Plus Daily Target ETF contain this and other relevant information about the ETF. For a free prospectus or a summary prospectus, which contains this and other important information about the fund, visit www.yadigitaletfs.com. Read the prospectus carefully before investing.

This leveraged ETF seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Yorkville America MANGOS Plus Index ETF (FRUT). Due to the compounding of daily returns, holding periods longer than a day can lead to results that differ significantly from the Fund's stated daily objective, especially in periods of higher volatility. The Fund could lose all or substantially all of its value in a single day. This Fund is intended exclusively for sophisticated investors who understand the risks associated with seeking daily leveraged investment results and intend to actively monitor and manage their investment.

The Fund obtains indirect exposure to certain private companies through its investment in FRUT. FRUT may obtain exposure to private companies, including through derivative instruments referencing such companies and, to a limited extent, direct investments in private securities.

An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. The Fund is not a complete investment program. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important investors closely review all of the risks listed below and understand them before making an investment in the Fund.

New Fund Risk. As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Fund's market exposure for limited periods of time. This impact may be positive or negative, depending on the direction of market movement during the period affected.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds or funds (including ETFs), interest rates or underlying securities. Investing in derivatives may be considered aggressive and may expose the Fund to greater risks, and may result in larger losses or small gains, than investing directly in the reference assets underlying those derivatives, which may prevent the Fund from achieving its investment objective.

MANGOS Companies Risk. The Fund's investment strategy is indirectly dependent upon the MANGOS Plus ETF's exposure to a limited number of companies that the investment adviser to the MANGOS Plus ETF identifies as "MANGOS Companies." The MANGOS Companies are expected to represent the MANGOS Plus ETF's core holdings and may constitute a substantial portion of the Fund's investment exposure. As a result, the Fund's performance may be significantly affected by the performance of a relatively small number of companies. The MANGOS Companies may be subject to risks associated with artificial intelligence, software, internet platforms, cloud computing, advanced computing infrastructure, digital advertising, social media, semiconductor technologies, data centers, and other rapidly evolving technologies. The performance of these companies may be affected by competition, technological innovation, cybersecurity incidents, intellectual property disputes, regulatory developments, litigation, changes in consumer preferences, capital spending trends, and market expectations regarding future growth and profitability.

Disclaimer

This press release is provided for informational purposes only and does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy any securities. Any references to investment products or strategies are for descriptive purposes only. Investing involves risk, including the possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. A prospectus and, if applicable, a summary prospectus or statement of additional information contain this and other information and may be obtained from the issuer at www.yadigitaletfs.com. Please read these materials carefully before investing.

PINE Distributors LLC is the distributor of the Yorkville America 2X Long MANGOS Plus Daily Target ETF. Yorkville America Equities LLC is the investment adviser of the Yorkville America 2X Long MANGOS Plus Daily Target ETF and Tidal Investments, LLC serves as the sub-adviser. PINE Distributors LLC is not affiliated with Yorkville America Equities, LLC or Tidal Investments, LLC. YRKVL-5896044-09/26.

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SOURCE Yorkville America

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the MNGZ ETF intended for, and who should avoid it?

MNGZ is designed exclusively for sophisticated investors, such as traders and active investors using dynamic strategies, who understand the risks of leverage, the implications of seeking 2x daily results, and who intend to actively monitor and manage their holdings. The company states that investors who do not plan to actively manage and monitor their investment should not buy the fund, and that MNGZ is not a complete investment program.

What key risks does MNGZ highlight, including potential losses?

The fund warns that, due to daily compounding, results over periods longer than a day may differ significantly from 200% of FRUT’s cumulative return, particularly in volatile markets, and that the fund could lose all or substantially all of its value in a single day. Additional risks include new fund risk (no operating history and smaller asset base), derivatives risk (use of swaps and other derivatives may lead to larger losses or smaller gains than direct investing), and concentration risk tied to a limited set of “MANGOS Companies” exposed to rapidly evolving technologies and related sector-specific risks.

How does MNGZ gain exposure to underlying companies, including private firms?

MNGZ obtains its exposure by seeking 200% of the daily performance of FRUT. FRUT, in turn, can obtain exposure to certain private companies through derivatives referencing those companies and, to a limited extent, direct investments in private securities. As a result, MNGZ’s performance is indirectly influenced by those private company exposures within FRUT.

What are the basic fund terms and involved parties for MNGZ?

The underlying security for MNGZ is the Yorkville America MANGOS Plus Index ETF (FRUT). The management fee is 0.90%. Yorkville America Equities is the investment adviser, Tidal Investments serves as sub-adviser, and PINE Distributors is the distributor. The fund is listed on NYSE Arca and NYSE Texas, and investors can obtain the prospectus and related documents at www.yadigitaletfs.com.