Calamos Nasdaq-100 Structured Alt Protection ETF – March

Frequently Asked Questions About CPNM

What does CPNM invest in?

These Calamos Structured Protection ETFs offer investors the opportunity to participate in the positive returns of the Nasdaq-100 index, though gains are capped at a predetermined limit. A defining characteristic is their commitment to fully safeguard against all potential losses within a one-year timeframe, prior to the deduction of any fees or operational costs.

What is the expense ratio of CPNM?

Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CPNM?

Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM) manages $15.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CPNM actively managed or an index fund?

CPNM is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CPNM's is 0.69%) because there's no security selection cost.

When was CPNM launched?

Calamos Nasdaq-100 Structured Alt Protection ETF – March (CPNM) launched in March 2025 and is managed by Calamos.

How has CPNM performed?

CPNM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.