SPC

CrossingBridge Pre-Merger SPAC ETF

$21.95
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPC - CrossingBridge Pre-Merger SPAC ETF seeks to provide exposure to a portfolio of pre-merger special purpose acquisition companies (SPACs).

Overview

ETF tracking CrossingBridge Pre-Merger SPAC ETF

Category Other
Issuer Other
Inception Date 2021-09-21
Market Cap $22.4M
Average Volume N/A
Dividend Yield 5.12%
52-Week Range $20.40 - $22.33
VWAP $21.95

Performance

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Investment Summary

📎 Investment Objective

The SPC - CrossingBridge Pre-Merger SPAC ETF seeks to provide exposure to a portfolio of pre-merger special purpose acquisition companies (SPACs).

🎯 Investment Strategy

The ETF invests in the securities of SPACs that have not yet completed a business combination. The fund aims to provide investors with access to the pre-merger SPAC market, which can offer the potential for capital appreciation if the SPAC successfully completes a merger.

✨ Key Features

  • Focuses on pre-merger SPAC securities, providing exposure to the early stages of the SPAC lifecycle
  • Diversified portfolio of pre-merger SPAC holdings
  • Potential for capital appreciation if SPACs complete successful mergers
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Speculative nature of pre-merger SPAC investments, with no guarantee of successful mergers
  • Lack of operating history and limited financial information for many SPAC holdings
  • Potential for volatility and uncertainty as SPACs navigate the merger process
  • Liquidity risk, as the fund is relatively new with low assets under management

👤 Best For

The SPC - CrossingBridge Pre-Merger SPAC ETF may be suitable for investors seeking exposure to the pre-merger SPAC market and who have a higher risk tolerance. This ETF is best suited for investors who understand the speculative nature of SPAC investments and are willing to accept the potential for increased volatility in exchange for the possibility of capital appreciation if successful mergers occur.