Welcome to our dedicated page for Calamos S&P 500 Structured Alt Protection ETF - May news (Ticker: CPSM), a resource for investors and traders seeking the latest updates and insights on Calamos S&P 500 Structured Alt Protection ETF - May stock.
Calamos S&P 500 Structured Alt Protection ETF - May (CPSM) is a unique investment vehicle offered by Calamos Investments LLC, a distinguished global investment firm known for its innovative strategies in alternative investments and risk-managed solutions. CPSM provides investors exposure to the S&P 500 with a structured downside protection mechanism, ensuring a degree of capital safety over a one-year outcome period.
Launched on May 1, CPSM is part of Calamos' Structured Protection ETF suite, which aims to deliver efficient and accessible risk management solutions through the ETF structure. This suite has received positive feedback from investors, prompting Calamos to expand its offerings by launching new Structured Alt Protection ETFs on a monthly basis, instead of quarterly as initially planned.
The ETF resets annually, offering investors a new upside cap and refreshed protection against negative returns of the benchmark over the subsequent 12 months. If shares are held longer than one year, potential gains are taxed at long-term capital gains rates, providing significant tax advantages.
Calamos Investments, headquartered in the Chicago metropolitan area and with offices in New York, San Francisco, Milwaukee, Portland (Oregon), and the Miami area, manages a diverse portfolio with $37.5 billion in assets under management (AUM) as of May 31, 2024. The firm's offerings include ETFs, mutual funds, closed-end funds, interval funds, UCITS funds, and separately managed portfolios. Their clientele spans financial advisors, wealth management platforms, pension funds, foundations, endowments, and individuals globally.
Calamos' focus on providing tailored investment strategies that address various risk appetites and investment goals has solidified its reputation as a trusted provider in the investment management industry. The company's robust infrastructure and experienced management team continue to drive innovation and meet the evolving needs of modern investors.
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%.
FAQ
What is the current stock price of Calamos S&P 500 Structured Alt Protection ETF - May (CPSM)?
What is CPSM?
When was CPSM launched?
What type of protection does CPSM offer?
How often does CPSM reset?
What tax advantages does CPSM provide?
Who manages CPSM?
What is Calamos Investments LLC?
What types of clients does Calamos serve?
Where is Calamos headquartered?
What is the total AUM of Calamos?
