Calamos' New CPSF ETF Offers Growth With A Safety Net

Calamos Investments has kicked off February with a solid addition to its lineup of structured protection ETFs. On February 3, the firm introduced the Calamos S&P 500 Structured Alt Protection ETF – February CPSF, an actively managed fund aiming to provide upside returns correlated to the S&P 500. Along with this, the strategy is also to provide a protective buffer against downside risk.

The ETF’s “FLEX options” balance market engagement with capital loss reduction, ensuring investors can capitalize on gains while managing risk.

CPSF offers full downside protection over its one-year outcome period, excluding fees and expenses. The fund carries a net expense ratio of 69 basis points.

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At the conclusion of each outcome period, CPSF will rejig its selection of FLEX options. This ensures that the upside cap may vary across different periods, adapting to market conditions.

CPSF is ideal for large-cap investors seeking risk-managed exposure to the S&P 500. The fund enables investors to stay engaged in equities while reducing volatility.

CPSF joins Calamos' expanding suite of Structured Protection ETFs, which debuted with the Calamos S&P 500 Structured Alt Protection ETF – May CPSM in 2024. These monthly ETF releases are helping Calamos to continue introducing structured solutions that balance upside potential with risk control.

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