The autocallable ETF provider is reading a new play focused on capital growth, marking the latest expansion of its fast-growing structured ETF franchise.
Calamos Investments (Calamos) is is adding a new snowball-style payoff to the fast-growing autocallable ETF market as the range of underlying exposures continues to expand . According to the product’s filing effective 13 April, the Calamos Autocallable Growth ETF (CAGE) is designed to generate “long-term capital growth” while providing reduced downside risk through exposure to the MerQube US Large-Cap Advantage Autocallable Growth Index. The structured ETF is scheduled to go