CPSP
Calamos S&P 500 Structured Alt Protection ETF - April
📎 Investment Objective
The Calamos S&P 500 Structured Alt Protection ETF (CPSP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while aiming to provide downside protection during periods of market decline.
Overview
ETF tracking Calamos S&P 500 Structured Alt Protection ETF - April
Performance
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Investment Summary
📎 Investment Objective
The Calamos S&P 500 Structured Alt Protection ETF (CPSP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Index, while aiming to provide downside protection during periods of market decline.
🎯 Investment Strategy
CPSP invests primarily in a portfolio of S&P 500 Index equity securities and utilizes a structured options strategy to help mitigate downside risk. The fund aims to provide exposure to the upside potential of the S&P 500 Index while using options to limit losses during market downturns.
✨ Key Features
- Seeks to track the performance of the S&P 500 Index
- Utilizes a structured options strategy to provide downside protection
- Aims to participate in the upside of the S&P 500 while limiting losses
- 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 securities
- Options risk: The use of options may not be successful and could result in losses to the fund
- 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 securities at an optimal time and price
👤 Best For
CPSP may be suitable for investors seeking exposure to the S&P 500 Index with the potential for downside protection during market declines. Investors with a moderate to long-term investment horizon and a moderate risk tolerance may find this fund appropriate as part of a diversified portfolio.