CBXJ
Calamos Bitcoin 90 Series Structured Alt Protection ETF - January
📎 Investment Objective
The Calamos Bitcoin 90 Series Structured Alt Protection ETF seeks to provide investors with exposure to the performance of Bitcoin, while also aiming to provide some downside protection compared to a direct investment in Bitcoin.
Overview
ETF tracking Calamos Bitcoin 90 Series Structured Alt Protection ETF - January
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calamos Bitcoin 90 Series Structured Alt Protection ETF seeks to provide investors with exposure to the performance of Bitcoin, while also aiming to provide some downside protection compared to a direct investment in Bitcoin.
🎯 Investment Strategy
The ETF utilizes a structured notes-based strategy to gain exposure to Bitcoin. It aims to provide approximately 90% of the upside performance of Bitcoin, while also limiting downside losses to around 10% compared to a direct investment in Bitcoin.
✨ Key Features
- Provides exposure to the performance of Bitcoin through a structured notes-based strategy
- Aims to provide approximately 90% of the upside performance of Bitcoin
- Limits downside losses to around 10% compared to a direct investment in Bitcoin
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to the volatility and risks associated with the Bitcoin market
- Potential for the ETF to underperform a direct investment in Bitcoin if the structured notes strategy does not perform as expected
- Liquidity risk, as the ETF is relatively new and has a small asset base
- Counterparty risk related to the structured notes provider
👤 Best For
This ETF may be suitable for investors seeking exposure to the Bitcoin market with some downside protection, and who have a higher risk tolerance and longer investment horizon to potentially benefit from the performance of Bitcoin.