Calamos S&P 500 Structured Alt Protection ETF – August

Frequently Asked Questions About CPSA

What does CPSA invest in?

Calamos Structured Protected ETFs are structured to capture the positive price appreciation of the S&P 500, up to a specified maximum, while simultaneously providing full downside protection against any losses within a one-year investment horizon (excluding fees and expenses).

What is the expense ratio of CPSA?

Calamos S&P 500 Structured Alt Protection ETF – August (CPSA) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CPSA?

Calamos S&P 500 Structured Alt Protection ETF – August (CPSA) manages $49.5M 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 CPSA actively managed or an index fund?

CPSA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CPSA launched?

Calamos S&P 500 Structured Alt Protection ETF – August (CPSA) launched in July 2024 and is managed by Calamos.

How has CPSA performed?

CPSA'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.