Calamos Investments plans an August launch for a new S&P 500-based ETF with 100% downside protection.
The Calamos S&P 500 Structured Alt Protection ETF has an estimated upside cap range of 8.58% to 9.07% over one year before fees and expenses. Launching Aug. 1, CPSA continues an expansion of the Calamos Structured Protection ETFs series, which offers 100% downside protection to the S&P 500, Nasdaq-100 and Russell 2000.
Calamos said in a statement that its Structured Protection ETF series is the most comprehensive of its kind, offering entry points each month to capital-protected growth.
Calamos Investments offers investment strategies including alternatives, multi-asset, convertible, fixed income, private credit, equity, and sustainable equity. It has provided alternative investment strategies with a focus on risk management for nearly 50 years.
Calamos had $38 billion in assets under management, including more than $16 billion in liquid alternatives assets, as of June 30.
