Capitol Series Trust has announced the addition of Euan Sinclair as Co-Portfolio Manager of its Hull Tactical US ETF, effective October 2026. This strategic appointment aims to strengthen the management team overseeing the Fund, which has been operational since 2015. Sinclair's extensive experience in trading and portfolio management is expected to enhance the Fund's investment strategies.

Capitol Series Trust, based in Cincinnati, Ohio, is an investment firm that manages various funds, including the Hull Tactical US ETF, which trades under the ticker symbol HTUS. The Trust has been active in the investment sector, with its latest filing dated October 28, 2026, detailing this management change. The firm continues to operate under the guidance of Petra Mullenix, who has been a Portfolio Manager since the Fund's inception.

The recent SEC filing reveals that Sinclair joins Mullenix in managing the Hull Tactical US ETF. The filing states, "Effective in October 2026, Euan Sinclair has been added as a Co-Portfolio Manager of the Hull Tactical US ETF." This update reflects a significant shift in the Fund's management, as Sinclair brings nearly 30 years of professional trading experience to the role.

Sinclair's background includes running a long/short equity volatility book at Bluefin Trading and founding a fintech company, FactorWave. His expertise in volatility trading and portfolio management is anticipated to bring a fresh perspective to the Fund's investment strategies. Meanwhile, Mullenix continues to lead the Fund, having been with the Adviser since 2014.

This change may have implications for investors and competitors alike. The addition of Sinclair could enhance the Fund's performance and attract new investors, while competitors in the ETF space may need to assess their own portfolio management strategies in light of this update. The filing does not specify any immediate changes to the Fund's investment approach but highlights the importance of strong leadership in managing investment funds.

Looking ahead, Capitol Series Trust is expected to continue its focus on providing robust investment management through the Hull Tactical US ETF. The recent filing serves as a reminder of the dynamic nature of the investment management industry, where strategic personnel changes can influence market perceptions and investor decisions.