Welcome to our dedicated page for Calamos Nasdaq-100 Structured Alt Protection ETF - June news (Ticker: CPNJ), a resource for investors and traders seeking the latest updates and insights on Calamos Nasdaq-100 Structured Alt Protection ETF - June stock.
Calamos Nasdaq-100 Structured Alt Protection ETF - June (CPNJ) is a key component of Calamos Investments' innovative suite of Structured Protection ETFs™. Designed to offer downside protection while participating in the upside potential of the Nasdaq-100 Index, CPNJ provides investors with a balanced approach to risk and reward. This ETF resets annually, granting a refreshed upside cap and continued protection against negative returns of the benchmark over a 12-month period, making it a versatile option for long-term growth and stability.
Calamos Investments, headquartered in the Chicago metropolitan area, is a diversified global investment firm managing $37.5 billion in assets, including over $16 billion in liquid alternatives. The firm is renowned for its alternative investment strategies, multi-asset solutions, and strong focus on risk management. They serve a diverse client base, including financial advisors, pension funds, and individual investors worldwide.
In June 2024, Calamos announced the introduction of the Calamos S&P 500® Structured Alt Protection ETF – July (CPSJ), responding to positive client feedback and increasing demand for these risk-managed solutions. This strategic move highlights Calamos' commitment to providing investors with effective and accessible tools for navigating market volatility.
CPNJ, along with other ETFs in the Structured Protection suite, leverages FLEX Options to ensure investors receive point-to-point exposure to the price return of the reference asset. This approach mitigates risk while preserving the potential for tax-efficient growth, as gains can be deferred and taxed at long-term capital gains rates if held for over a year.
Overall, CPNJ exemplifies Calamos Investments' expertise in developing innovative financial products that address the evolving needs of investors seeking both protection and growth in a dynamic market environment.
Calamos Investments has announced the introduction of its new Calamos S&P 500 Structured Alt Protection ETF – July (CPSJ), set to launch on July 1, 2024. This ETF provides 100% downside protection over a one-year outcome period with an estimated cap range of 9.2%-9.7%. The move comes in response to significant investor demand following the success of their first Structured Protection ETF, CPSM, which launched on May 1, 2024. Calamos will now offer a new S&P 500 version monthly instead of quarterly. The ETF suite leverages Calamos' extensive expertise in alternatives and options investing, combining it with the benefits of the ETF structure, such as liquidity, cost-effectiveness, and tax efficiency.
The CPSJ ETF is designed to offer tax advantages by allowing gains to grow tax-deferred, with long-term capital gain rates applicable if held for more than a year. Portfolio management will be led by Co-CIO Eli Pars and the Alternatives Team, and the ETF will track the price return of the SPDR® S&P 500® ETF Trust (SPY). The annual expense ratio for CPSJ is set at 0.69%.
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