Northern Lights Fund Trust IV has taken a proactive step to enhance the appeal of its Main BuyWrite ETF by announcing a fee waiver agreement. This agreement, effective November 1, 2026, will limit the fund's total operating expenses to no more than 0.97% of its average daily net assets until February 29, 2028. Such measures are crucial in a competitive investment landscape where cost efficiency can significantly influence investor decisions.

The fund's adviser, Main Management Fund Advisors, LLC, has committed to absorb a portion of the fund's acquired fund fees and expenses, thereby reducing the overall cost burden on investors. This initiative is expected to bolster investor confidence and potentially attract new capital to the fund, which is a series of Northern Lights Fund Trust IV.

Background

Northern Lights Fund Trust IV is an investment entity based in Cincinnati, Ohio. The fund operates under the Central Index Key (CIK) number 0001644419 and is registered with the SEC under the 1933 Act. The trust focuses on various investment strategies, including the Main BuyWrite ETF, which trades under the ticker symbol BUYW. The fund's fiscal year ends on September 16, and it is incorporated in Delaware.

What the Filing Says

The recent filing, dated October 30, 2026, outlines the fee structure and the new expense limitations for the Main BuyWrite ETF. According to the filing, "The Adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, until at least February 29, 2028, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement... will not exceed 0.97% of the Fund’s average daily net assets." This commitment is a strategic move to maintain competitiveness in the investment market.

Impact

This fee waiver agreement is expected to have a positive impact on investors by lowering their cost of investment in the Main BuyWrite ETF. It may also influence other funds in the industry to consider similar measures to attract and retain investors. The move could lead to increased competition among investment funds, particularly those focused on similar strategies.

What's Next

The filing does not specify what happens next, but the ongoing monitoring of the fund’s performance and investor response to the new fee structure will be essential. Stakeholders will likely be keen to see how these changes affect the fund's growth and investor interest in the coming months.