NASDAQ | ETF
The fund is an actively managed exchange-traded fund ("ETF") that under normal market conditions will invest at least 80% of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisition Companies ("SPACs") that have yet to consummate a shareholder-approved merger or business combination.
The fund seeks to invest in publicly-traded SPACs that at the time of purchase are trading at or below the SPAC"s pro rata trust account value.
The fund is non-diversified.
Top 15 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TRTL_old | Terrapin 3 Acquisition Corporation | Financial Services | Shell Companies | 5.06% |
| RRAC | Rigel Resource Acquisition Corp | Financial Services | Shell Companies | 4.89% |
| SLAM_old | SLAM | Financial Services | Shell Companies | 4.42% |
| CFFS | CF Acquisition VII Corp | Financial Services | Shell Companies | 4.03% |
| PHYT | Pyrophyte Acquisition Corp | Financial Services | Shell Companies | 3.72% |
| PLAO | Patria Latin American Opportunity | Financial Services | Shell Companies | 3.67% |
| DECA | Denali Capital Acquisition Corp. Class A Ordinary Shares | Financial Services | Shell Companies | 3.06% |
| WEL | Integrated Wellness Acquisition Corp | Financial Services | Shell Companies | 2.41% |
| CVII | Churchill Capital Corp VII Class A Common Stock | Financial Services | Shell Companies | 2.34% |
| NFYS | Enphys Acquisition Corp | Financial Services | Shell Companies | 2.31% |
| SEDA | SDCL EDGE Acquisition Corporation | Financial Services | Shell Companies | 1.67% |
| TLGY | TLGY Acquisition Corp | Financial Services | Shell Companies | 1.05% |
| BYNO | Bynordic Acquisition Corp | Financial Services | Shell Companies | 0.82% |
| RCFA | RCF Acquisition Corp | Financial Services | Shell Companies | 0.67% |
| SCRM | Screaming Eagle Acquisition Corp | Financial Services | Shell Companies | 0.45% |