SPAQ
Horizon Kinetics SPAC Active ETF
📎 Investment Objective
The Horizon Kinetics SPAC Active ETF (SPAQ) seeks to provide exposure to a portfolio of actively managed special purpose acquisition companies (SPACs).
Overview
ETF tracking Horizon Kinetics SPAC Active ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Horizon Kinetics SPAC Active ETF (SPAQ) seeks to provide exposure to a portfolio of actively managed special purpose acquisition companies (SPACs).
🎯 Investment Strategy
The ETF invests in a diversified portfolio of SPAC securities, including shares of SPACs that have not yet completed a business combination, as well as shares of SPACs that have completed a business combination. The fund's managers aim to identify and invest in SPACs that they believe have the potential for strong long-term performance.
✨ Key Features
- Actively managed portfolio of SPAC securities
- Exposure to both pre-merger and post-merger SPAC companies
- Potential for capital appreciation through successful SPAC mergers and acquisitions
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Volatility and risk associated with SPAC investments
- Potential for SPAC mergers to underperform or fail to materialize
- Lack of long-term performance history for the fund
- Concentration risk as the fund is focused on a specific investment strategy
👤 Best For
The Horizon Kinetics SPAC Active ETF may be suitable for investors seeking exposure to the SPAC market and who have a higher risk tolerance and a longer-term investment horizon. Investors should be aware of the unique risks associated with SPAC investments and be prepared for potentially higher volatility.