A new ETF, the Calamos S&P 500 Structured Alt Protection ETF (CPSM), has started trading, offering investors 100% downside protection against losses in the S&P 500 over a one-year period. The fund was designed by Calamos’ head of ETFs, Matt Kaufman, who explained that the ETF utilizes a combination of three options positions to achieve its goal. Investors are limited in their ability to capture gains from the S&P 500, but are guaranteed full protection against losses. The fund has an annual expense ratio of 0.69%.
To take advantage of the full downside protection offered by the fund, investors must buy it on the first day it becomes available for trading. Kaufman noted that there may still be opportunities to invest in the fund after the initial launch. The Calamos S&P 500 Structured Alt Protection ETF is part of a series of structured protection ETFs that the firm plans to introduce over the next year. Future funds will aim to shield against losses in other major benchmarks such as the Nasdaq 100 and Russell 2000.
The new ETF promises a unique approach to protecting investors from market volatility, using a combination of options positions to achieve 100% downside protection against losses in the S&P 500. The fund’s innovative design reflects Calamos’ commitment to creating new investment opportunities for investors seeking to safeguard their portfolios. The launch of the Calamos S&P 500 Structured Alt Protection ETF is just the beginning of a series of structured protection ETFs that will be introduced by the firm in the coming year, offering investors options to shield against losses tied to different market benchmarks.
The fund’s annual expense ratio of 0.69% may be a worthwhile cost for investors seeking complete protection against downside risks in the S&P 500. Given the current market conditions and increased volatility, the new ETF offers a timely solution for investors looking to mitigate potential losses while still benefiting from market gains. By investing in the Calamos S&P 500 Structured Alt Protection ETF, investors can ensure that their portfolios are shielded from market fluctuations over a one-year outcome period.
Investors interested in capitalizing on the unique features of the Calamos S&P 500 Structured Alt Protection ETF should consider purchasing the fund when it becomes available for trading. The fund’s guarantee of 100% downside protection against losses in the S&P 500 makes it an attractive option for investors seeking to safeguard their investments. With the fund’s innovative approach to risk management and commitment to delivering on its promises, the Calamos S&P 500 Structured Alt Protection ETF presents a compelling opportunity for investors seeking to protect their portfolios from market volatility.
