CPNJ

📎 Investment Objective

The Calamos Nasdaq-100 Structured Alt Protection ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Nasdaq-100 Index, while also seeking to provide downside protection against significant market declines.

✨ Key Features

• Seeks to provide exposure to the Nasdaq-100 Index with downside protection
• Utilizes a structured options strategy to limit losses during market declines
• Designed to participate in the upside of the Nasdaq-100 Index
• Relatively low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying Nasdaq-100 Index
• Options risk: The use of options may not always be successful in limiting losses during market declines
• Tracking error risk: The fund may not perfectly track the performance of the Nasdaq-100 Index
• Liquidity risk: The fund may experience lower trading volume or lack of a market maker, which could impact the ability to buy or sell shares

👤 Best For

This ETF may be suitable for investors seeking exposure to the technology-heavy Nasdaq-100 Index with some downside protection, particularly those with a moderate to high risk tolerance and a longer-term investment horizon.