SPXZ Morgan Creek - Exos SPAC Originated ETF

This is an actively managed fund that seeks capital appreciation. The fund seeks to invest at least two thirds of its capital in an actively-managed, roughly dollar-weighted portfolio from among the 50 or so largest companies that have gone public via a SPAC merger within the last three years. The fund seeks to invest up to one third of its capital in an actively-managed roughly equal dollar-weighted portfolio of pre-combination SPACs as a means to get exposure to potential future deals cheaply. The selection of specific post-combination SPACs will be based on a number of factors including: (i) the number of post-combination SPACs with market capitalizations over $750 million, (ii) the number of post-combination SPACs attracting broad research analyst coverage, (iii) the expected pipeline for SPAC combinations. The selection of specific pre-combination SPACs will be based on a number of factors including: (i) the number of pre-combination SPACs with market capitalizations over $250 million, (ii) the expected pipeline for new SPAC IPOs.

$10.90  -0.12 (-1.13%)
As of 05/16/2022 15:47:16 EST     IEX book   CBOE book


ETF Information
Sponsor:     Morgan Creek
Category1:  US Equity
Category2:  Broad market
Category3:  Small cap
Morningstar category:  
Leverage factor:  1.00
Inception date:  01/26/2021
Current yield:  0.71%
Historical average yield:  0.35%
Market cap:  $6,236,280
Average volume:  2,728
Fees:     1.0000%
Investment style: Actively managed
Factors used to select securities:

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