CPSM

📎 Investment Objective

The Calamos S&P 500 Structured Alt Protection ETF (CPSM) 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.

✨ Key Features

• Seeks to provide exposure to the S&P 500 Index with downside protection
• Uses an options-based strategy to limit losses during market declines
• Designed to participate in S&P 500 Index upside while mitigating downside risk
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's value may decrease due to general market conditions or economic factors
• Options risk: The use of options may not be successful in limiting downside exposure
• Tracking error risk: The fund may not perfectly track the performance of the S&P 500 Index
• Liquidity risk: The fund may have difficulty buying or selling certain investments

👤 Best For

CPSM may be suitable for investors seeking exposure to the S&P 500 Index with a focus on downside protection, particularly those with a moderate risk tolerance who are concerned about potential market declines. The fund's options-based strategy may appeal to investors looking to limit losses during market downturns while still participating in the upside potential of the broader market.