EquitySPCX

SPAC and New Issue ETF

Ticker

SPCX

Asset Class

Equity

Assets Under Management

7.13M

Issuer

SPAC

Inception Date

15-12-2020

Dividend Yield

16.37%

About This Fund

The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Companies (“SPACs”) that have a minimum capitalization of $100 million and companies that completed an initial public offering (“IPO”) within the last two years. The fund may also invest in depositary receipts or appropriate ETFs for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its ne...