- The Calamos S&P 500 ® Structured Alt Security ETF ® — May (CPSM) is set to reset on May 1, 2025, with an approximated upside cap variety of 6.88% – 7.45% over a 1 year result duration.
- Upon reset, CPSM will supply financiers with 100% disadvantage defense versus unfavorable S&P 500 returns over the next 1 year result duration.
- The Calamos Structured Security ETF suite integrates Calamos’ decades-long options, threat management and choices investing competence with the liquid, economical and tax-efficient ETF structure
CITY CHICAGO, Ill., April 17, 2025/ PRNewswire/– Calamos Investments LLC (” Calamos”), a leading options supervisor, today revealed the approximated upside cap variety for the reset of the Calamos S&P 500 ® Structured Alt Security ETF ™– Might (CPSM), offering 100% downside-protected direct exposure to the S&P 500 with an appealing upside cap variety over a 1 year result duration, before costs and expenditures.
Calamos S&P 500 ® Structured Alt Security ETF– May (CPSM) |
|
Approximated Cap Variety |
6.88% – 7.45% |
Result Duration |
1 Year: 5/1/25– 4/30/26 |
Recommendation Possession |
Rate return of the SPDR ® S&P 500 ® ETF Trust (SPY), based upon the |
Structured Security |
100% disadvantage defense if held through the 1 year result |
Yearly Expenditure Ratio |
0.69 % |
Portfolio Management |
Co-CIO Eli Pars and the Alternatives Group |
Benchmarks |
S&P 500 ®(* )Index, Rate Return MerQube Capital Protected United States Big Cap Index– May |
Gains in an ETF grow tax-deferred and will be taxed at long-lasting |
capital gain rates if held longer than one year |
Find Out More about the complete suite of Calamos Structured Security ETFs.
About Calamos
Calamos Investments is a varied international financial investment company using ingenious financial investment methods, consisting of options, multi-asset, convertible, set earnings, personal credit, equity, and sustainable equity. With more than
$ 40 billion in AUM, consisting of more than $ 18 billion in liquid options properties since March 31, 2025, the company provides methods through ETFs, shared funds, closed-end funds, interval funds, and UCITS funds and individually handled portfolios. Customers consist of monetary consultants, wealth management platforms, pension funds, structures & & endowments, and people, internationally. Headquartered in the Chicago city, the company likewise has workplaces in New York City, San Francisco, Milwaukee, Portland ( Oregon), and the Miami location. For more details, visit us on LinkedIn, on Twitter (), on Instagram (@calamos_investments), or at www.calamos.com.Calamos The info in each fund’s prospectus and declaration of extra info) is not total and might be altered. We might not offer the securities of any fund till such fund’s registration declaration submitted with the Securities and Exchange Commission works. Each fund’s prospectus and declaration of extra info is not a deal to offer such fund’s securities and is not obtaining a deal to purchase such fund’s securities in any state where the deal or sale is not allowed.
Before investing, thoroughly think about the fund’s financial investment goals, dangers, and charges and expenditures. Please see the
prospectus and summary prospectus including this and other info which can be gotten by calling 1-866-363-9219. Read it thoroughly before investing. Calamos Investments LLC, described herein Calamos is a monetary services business using such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Investments LLP, and Calamos Financial Providers LLC.
A financial investment in the Fund( s) undergoes dangers, and you might lose cash on your financial investment in the Fund( s).
There can be no guarantee that the Fund( s) will accomplish its financial investment goal. Your financial investment in the Fund( s) is not a deposit in a bank and is not guaranteed or ensured by the Federal Deposit Insurance Coverage Corporation (FDIC) or any other federal government company. The dangers connected with a financial investment in the Fund( s) can increase throughout times of considerable market volatility. The Fund( s) likewise has particular primary dangers, which are explained listed below. More in-depth info concerning these dangers can be discovered in the Fund’s prospectus. Investing includes dangers. Loss of principal is possible.
The Fund( s) deal with various market trading dangers, consisting of licensed involvement concentration threat, cap modification threat, capital defense threat, topped upside threat, money holdings threat, clearing member default threat, connection threat, derivatives threat, equity securities threat, financial investment timing threat, large-capitalization investing threat, liquidity threat, market maker threat, market threat, non-diversification threat, choices threat, premium-discount threat, secondary market trading threat, sector threat, tax threat, trading problems threat, underlying ETF threat and evaluation threat. For a breakdown of fund dangers see the prospectus. There are no guarantees the Fund( s) will succeed in offering the desired defense. The results that the Fund( s) looks for to supply might just be recognized if you are holding shares on the very first day of the result duration and continue to hold them on the last day of the result duration, roughly one year. There is no warranty that the results for a result duration will be recognized or that the Fund( s) will accomplish its financial investment goal. If the result duration has actually started and the underlying ETF has actually increased in worth, any gratitude of the Fund( s) by virtue of boosts in the underlying ETF given that the beginning of the result duration will not be secured by the desired defense, and a financier might experience losses till the underlying ETF go back to the initial cost at the beginning of the result duration. Fund investors go through an upside return cap (the “Cap”) that represents the optimal portion return a financier can accomplish from a financial investment in the fund( s) for the result duration, before costs and expenditures. If the result duration has actually started and the Fund( s) have actually increased in worth to a level close to the Cap, a financier getting at that cost has little or no capability to accomplish gains however stays susceptible to disadvantage dangers. Furthermore, the Cap might increase or fall from one result duration to the next. The Cap, and the Fund( s) position relative to it, must be thought about before buying the Fund( s). The Fund( s) site,
www.calamos.com, offers essential Fund info also info associating with the possible results of a financial investment in the Fund( s) every day. The Fund( s) are developed to supply point-to-point direct exposure to the cost return of the recommendation property through a basket of Flex Options. As an outcome, the ETFs are not anticipated to move straight in line with the recommendation property throughout the interim duration. Financiers acquiring shares after a result duration has actually started might experience really various outcomes than fund’s financial investment goal. Preliminary result durations are roughly 1-year start on the fund’s creation date. Following the preliminary result duration, each subsequent result duration will start on the very first day of the month the fund was incepted. After the conclusion of a result duration, another will start.
FLEX Options Threat
— The Fund( s) will make use of FLEX Options provided and ensured for settlement by the Options Cleaning Corporation (OCC). In the not likely occasion that the OCC ends up being insolvent or is otherwise not able to fulfill its settlement commitments, the Fund( s) might suffer considerable losses. Furthermore, FLEX Options might be less liquid than basic choices. In a less liquid market for the FLEX Options, the Fund( s) might have problem liquidating specific FLEX Options positions at wanted times and rates. The worths of FLEX Options do not increase or reduce at the exact same rate as the recommendation property and might differ due to elements aside from the cost of recommendation property. Shares are purchased and offered at market value, not net property worth (NAV), and are not separately redeemable from the fund. NAV represents the worth of each share’s part of the fund’s underlying properties and money at the end of the trading day. Market value returns show the midpoint of the bid/ask spread since the close of trading on the exchange where fund shares are noted. 100% capital defense is over a 1 year duration before costs and expenditures. All caps are pre-determined.
Cap Rate–
Optimum portion return a financier can accomplish from a financial investment in the Fund if held over the Result Duration. Cap Variety–
Cap varieties are based upon the last 15 trading days prior to variety statement, based upon market conditions throughout the sample duration, and go through alter. The real cap rate might be various based upon market occasions. Security Level–
Quantity of defense the Fund is developed to accomplish over the Days Staying. Result Duration–
Variety of days in the Result Duration. The “S&P 500 ® “is an item of S&P Dow Jones Indices LLC or its affiliates (” SPDJI”), and has actually been accredited for usage by Calamos Advisors LLC (” Calamos Advisors”). S&P ®, S&P 500 ®, United States 500, The 500, iBoxx ®, iTraxx ® and CDX ® are hallmarks&of S&P Global, Inc. or its affiliates (” S&P”); Dow Jones ® is a signed up hallmark of Dow Jones Hallmark Holdings LLC (” Dow Jones”); and these hallmarks have actually been accredited for usage by SPDJI and sublicensed for specific functions by Calamos Advisors LLC (” Calamos Advisors”). It is not possible to invest straight in an index. Calamos S&P 500 ® Structured Security ETFs are not sponsored, backed, offered or promoted by SPDJI, Dow Jones, S&P, any of their particular affiliates (jointly, “S&P Dow Jones Indices”). S&P Dow Jones Indices makes no representation or guarantee, reveal or indicated, to the owners of the Calamos S&P 500 ® Structured Security ETFs or any member of the general public concerning the advisability of buying securities typically or in Calamos S&P 500 ® Structured Security ETFs especially or the capability of the “S&P 500 ® “to track basic market efficiency. Previous efficiency of an index is not an indicator or warranty of future outcomes. S&P Dow Jones Indices’ only relationship to Calamos Advisors LLC (” Calamos Advisors”) with regard to the “S&P 500 ® “is the licensing of the Index and specific hallmarks, service marks and/or brand name of S&P Dow Jones Indices and/or its licensors. The “S&P 500 ® “is identified, made up and determined by S&P Dow Jones Indices without regard to Calamos Advisors LLC (” Calamos Advisors”) or the Calamos S&P 500 ® Structured Security ETFs. S&P Dow Jones Indices has no responsibility to take the requirements of Calamos Advisors LLC (” Calamos Advisors”) or the owners of Calamos S&P 500 ® Structured Security ETFs into factor to consider in identifying, making up or computing the “S&P 500 ®”.&S&P Dow Jones Indices has no responsibility or liability in connection with the administration, marketing or trading of Calamos S&P 500 ® Structured Security ETFs. There is no guarantee that financial investment items based upon the “S&P 500 ® “will properly track index efficiency or supply favorable financial investment returns. S&P Dow Jones Indices LLC is not a financial investment advisor, product trading advisory, product swimming pool operator, broker dealership, fiduciary, promoter” (as specified in the Investment firm Act of 1940, as modified), “specialist” as identified within 15 U.S.C. §
77k( a) or tax consultant. Calamos Financial Providers LLC, Supplier
© 2025 Calamos Investments LLC. All Rights Scheduled. Calamos ® and Calamos Investments ® are signed up hallmarks of Calamos Investments LLC.
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SOURCE Calamos Investments
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