Calamos S&P 500 Structured Alt Protection Etf - June

Business Description

This fund puts nearly all of its money into a specialized type of options contract tied to the performance of one of the most widely followed U.S. stock market funds. These contracts are exchange-traded but allow for greater flexibility in how they are structured compared to standard options. Because the fund focuses on a single underlying investment, it carries more concentrated risk than a broadly diversified fund.