- 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 $14.9M 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.
