Capital Force is set to assume control of two existing US listed Innovator exchange‑traded funds (ETFs) following shareholder approval of a tax-free reorganisation.
Capital‑Force (CapForce) has entered the US ETF market through the acquisition of two existing equity ETFs from Innovator ETFs, according to a statement issued by M2 Financial LLC and Capital‑Force ETF Trust. Both funds will be reorganised into corresponding series of the Capital‑Force ETF Trust The announcement stated that shareholders of the Innovator IBD Breakout Opportunities ETF and the Innovator IBD 50 ETF approved the proposed reorganisations at a joint special meeting held on 1