The ETF provider has extended its partnership with J.P. Morgan and MerQube by introducing its second autocallable fund, also the first of such tracking the US tech benchmark.

The Calamos Autocallable Income ETF (CAIQ) is going live on Nasdaq today (20 November), exhibiting a current weighted average coupon of 17.98%. This fund is linked to an autocallable index referenced to the MerQube Nasdaq-100 Vol Advantage Index, which  provides exposure to the Invesco QQQ Trust (QQQ) ETF   with a volatility target of 35%, a six percent decrement level and a max exposure of 5. J.P. Morgan, which has the exclusive license of the sub-underlying index, acts as the