CPRJ
Calamos Russell 2000 Structured Alt Protection ETF - July
📎 Investment Objective
The Calamos Russell 2000 Structured Alt Protection ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 2000 Index, while also providing downside protection against significant market declines.
Overview
ETF tracking Calamos Russell 2000 Structured Alt Protection ETF - July
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calamos Russell 2000 Structured Alt Protection ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 2000 Index, while also providing downside protection against significant market declines.
🎯 Investment Strategy
The ETF uses a structured options-based strategy to provide exposure to the Russell 2000 Index while also seeking to limit downside risk. This includes purchasing put options on the Russell 2000 Index to help protect against large market declines.
✨ Key Features
- Seeks to track the Russell 2000 Index with downside protection
- Uses a structured options strategy to limit market risk
- Low expense ratio of 0.00%
- Small-cap equity exposure
⚠️ Primary Risks
- Market risk - The value of the ETF's holdings may decline due to general market conditions
- Derivatives risk - The use of options and other derivatives can increase volatility and risk of loss
- Tracking error risk - The ETF may not perfectly track the underlying index
- Small-cap risk - Smaller companies may have less liquidity and be more volatile than larger companies
👤 Best For
This ETF may be suitable for investors seeking small-cap equity exposure with a focus on downside protection. It could be appropriate as a core or satellite holding in a diversified portfolio. Investors should have a medium to long-term investment horizon and a moderate risk tolerance.