Tidal's Creekmur filing lists a 0.99% fee and leaves the total blank
Tidal Trust I filed to add the Creekmur Tactical Equity ETF, CREK, on Tuesday, September 29, 2026, proposing a 0.99% management fee and leaving the fees of the ETFs it would own blank.
Key takeaways
Tidal Trust I on Tuesday filed to add the Creekmur Tactical Equity ETF, CREK, a proposed fund of other ETFs and some individual stocks, and the fee table stops at a management charge of 0.99%. The line for the fees inside those ETFs is blank, and so is the total.
The prospectus is Post-Effective Amendment No. 340, marked subject to completion so the details may change, and it asks to take effect 75 days after filing with no exchange named.
Creekmur Asset Management, LLC, an advisory firm in Morton, Illinois, would choose the holdings. Tidal Investments LLC, a Tidal Financial Group company, would advise the fund.
The portfolio would split into a core and a satellite. The core is broad stock-market exposure, generally three to five low-cost index ETFs, covering large, mid-size and small US companies, developed markets abroad, or emerging markets. It may run from nothing to 40% of net assets.
The satellite, for sectors, themes and single companies, may also hold ETFs that try to multiply a broad index's rise, or its fall, over a single day. The filing says those ETFs may miss that target over longer periods. The fund would not buy derivatives itself, though it could be exposed to them through those ETFs.
Under normal conditions the fund would keep at least 80% of its total assets, counting money borrowed to invest, in stocks or in ETFs that mainly hold stocks. Creekmur would move the split based on its reading of the market.
When that reading favors stocks, more of the fund goes to the satellite. When the reading is mixed or defensive, Creekmur may cut those positions, hold cash or buy short-term US Treasuries, and step away from the 80% policy for a time.
The SEC's adviser record shows Creekmur's registration took effect on January 24, 2020. In a Form ADV amendment signed on March 18, 2026, the firm reported $800 million in regulatory assets under management, the asset figure advisers report to the SEC, across 3,152 accounts.
John M. Creekmur, Drew Creekmur and Connor Creekmur would choose the holdings, with Andy Hicks and Qiao Duan of Tidal named beside them. The fund has no operating history.
Creekmur's website describes a client model called Tactical Equity ETF, holding the four or five strongest sector ETFs, and a second model of low-cost index ETFs. The proposed fund carries that tactical name, and the filing's split reads as those two models, with more room than either description.
What the fee table leaves out
The table shows no distribution fee. Other expenses, the fees inside the ETFs the fund would own, and the total are blank.
Tidal says it will pay the fund's ordinary expenses, or require Creekmur to pay them. Interest, taxes, trading commissions and the fees inside other funds sit outside that promise.
Strategy Shares Newfound/ReSolve Robust Momentum ETF, ROMO, is a listed fund that holds index ETFs. In its September 1 prospectus, the management fee is 0.49%, and the fees inside the funds it owns are 0.17%. The total is 1.29% before a fee waiver and 0.92% after it.
That 0.92% includes the fees inside the ETFs. The 0.99% in this filing is only the management fee.
What a buyer of CREK would pay in total is the line still blank.
Frequently asked
Why is the total fee blank?
The filing leaves the fees inside the ETFs it would own blank, and the total with them.
Does the 0.99% include the fees of the ETFs it would own?
No. The 0.99% is only the management fee.
What would the fund hold?
Other ETFs and some individual stocks, split into a core of broad index ETFs and a satellite of sectors, themes and single companies.
Is the fund listed on an exchange?
The filing names no exchange, and the fund has no operating history.
