Zacks Trust has announced a significant update with the filing of a new prospectus for the Zacks Small-Cap Core ETF. This filing, dated November 10, 2026, outlines a reorganization of the fund, which is set to take place on November 20, 2026. The reorganization aims to enhance the fund's investment strategies and operational efficiencies in the small-cap sector.

The Zacks Small-Cap Core ETF is designed to pursue capital appreciation by investing primarily in equity securities of small-cap companies. The fund will utilize a hybrid research process that blends quantitative and qualitative criteria to select stocks, aiming to identify those most likely to generate positive returns.

Background

Zacks Trust, incorporated in Delaware, is an investment company that focuses on various fund offerings. The Zacks Small-Cap Core ETF is one of its key products, aiming to capitalize on growth opportunities within the small-cap sector. The company has been active in the investment space, with multiple filings in recent months, including a series of 497K forms on November 10, 2026, and earlier filings related to its investment strategies.

What the Filing Says

The recent filing includes a summary prospectus that details the fund's investment objectives and operational structure. It states, "The investment objective of the Zacks Small-Cap Core ETF is capital appreciation." Additionally, it outlines the fund's fees and expenses, which are essential for potential investors to consider.

Notably, the filing mentions that the fund's total annual operating expenses are expected to be 0.95%, with a net expense ratio of 0.55% after fee waivers and expense limitations. These waivers are set to remain in place until at least May 1, 2028, ensuring that investors are not burdened by excessive costs.

Impact

This reorganization may affect current and potential investors in the Zacks Small-Cap Core ETF, as it aims to streamline operations and enhance performance. The fund's strategy of investing in small-cap stocks aligns with current market trends, which often favor growth in this sector. Competitors in the small-cap ETF space may also feel the impact of Zacks Trust's updated strategies as they adjust to maintain their market positions.

What's Next

The filing indicates that the reorganization will take effect on November 20, 2026, transitioning from the Predecessor Small-Cap Core Fund. This change is expected to provide a more robust structure for the fund, allowing it to better meet investor needs and adapt to market conditions. Further details regarding the reorganization process and its implications for investors will likely be communicated as the date approaches.

For more information about the fund and its offerings, investors can visit Zacks Trust's official website or contact their customer service directly.