CPSD

📎 Investment Objective

The Calamos S&P 500 Structured Alt Protection ETF (CPSD) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while also seeking to provide downside protection during periods of significant market declines.

✨ Key Features

• Seeks to provide exposure to the S&P 500 Index with downside protection
• Uses a structured notes-based strategy to achieve its investment objective
• Incorporates options and other derivatives to provide a level of downside protection
• Designed to limit losses during significant market declines

⚠️ Primary Risks

• Market risk: The fund's value may decrease due to changes in the overall stock market
• Structured notes risk: The performance of the structured notes may not match the underlying index
• Derivatives risk: The use of options and other derivatives may not achieve the desired level of protection
• Liquidity risk: The fund may have difficulty selling its investments during times of market stress

👤 Best For

The Calamos S&P 500 Structured Alt Protection ETF may be suitable for investors seeking exposure to the S&P 500 Index with a level of downside protection, particularly those who are concerned about the potential for significant market declines. However, the fund's complex investment strategy and use of derivatives may make it less suitable for more conservative or risk-averse investors.