San Francisco, July 7, 2026
Kurv Investment Management, an asset manager bringing an institutional approach to active ETFs, today announced the launch of the Kurv U.S. Large Cap TaxOptimized ETF (CBOE BZX: LCTO).
The fund seeks to provide investors with passive exposure to the S&P 500 Index while seeking to maximize after-tax income and potential outperformance.
Academic and financial research has long suggested that active security selection cannot generate excess returns over the S&P 500,” said Howard Chan, Founder and Chief Executive Officer of Kurv Investment Management. “The question for investors then becomes: how can you optimize what is often the largest allocation within your portfolio? The Kurv U.S. Large Cap TaxOptimized ETF seeks to provide exposure to U.S. Large Cap companies while pursuing actively-managed tax-advantaged income strategies, through exposures to municipal bonds and preferred securities.”
The strategy incorporates concepts commonly associated with institutional portfolio construction, including portable alpha frameworks historically utilized by pension funds, endowments, and sovereign wealth funds.
“Portable alpha strategies have traditionally been accessible primarily to large institutional investors,” Chan added. “With LCTO, we are advancing our mission of delivering actively managed, tax-efficient investment strategies while bringing an institutional approach to portfolio management to investors of all sizes.”
“As policy shifts, markets are more volatile and uncertain. Investors need strategies that are capital efficient more than ever. LCTO allows investors to maintain exposure to two betas, while leaving dry powder (cash on hand) to take advantage of market opportunities when they arise in this ever changing investment landscape.”
For more information about LCTO, visit https://www.kurvinvest.com/etf/lcto
Important Information:
An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call 1-833-955-KURV (5878) or visit KurvInvest.com. Read the prospectus carefully before investing.
Investing in the Fund entails risk, including the loss of principal. The Fund is not a complete investment program and investors should review the risks associated with the Fund before investing. The Fund is an actively managed portfolio, and the portfolio managers will apply investment techniques and risk analyses that may not produce the desired result. There can be no guarantee that the Fund will meet its investment objective. The Fund is new with a limited operating history.
Fund Objective: The Fund seeks total return which exceeds that of its benchmark index consistent with prudent investment management. A secondary objective seeks to maximize risk-adjusted after tax current income.
Fund Risks: The Fund seeks to exceed the total return of the S&P 500 Index by investing under normal circumstances in U.S. large cap equity exchanged traded funds (ETFs) as well as derivatives on U.S. large cap ETFs, backed by a portfolio of Fixed Income Instruments and Preferred Securities Instruments.
The Kurv U.S. Large Cap TaxOptimized ETFF is distributed by Foreside Fund Services LLC, Member FINRA/SIPC. Foreside Fund Services LLC is not affiliated with Kurv Investment Management.
