BATS | ETF
Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights ofU. S.-listed special purpose acquisition companies ("SPACs").
In seeking to achieve the fund"s investment objective, the sub-adviser will monitor the fund"s portfolio and adjust positions based on changes in expectations of the investments or the availability of better alternatives.
At least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in Pre-Merger SPACs.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SPKL | Spark I Acquisition Corp. Class A Ordinary Share | Financial Services | Shell Companies | 4.24% |
| BKHAU | Black Hawk Acquisition Corporation Units | Financial Services | Shell Companies | 4.11% |
| TBMCR | Trailblazer Merger Corporation I Rights | 4.08% | ||
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | Financial Services | Shell Companies | 4.00% |
| LEGT | Legato Merger Corp. III | Financial Services | Shell Companies | 3.97% |
| GPAT | GP-Act III Acquisition Corp. Class A Ordinary Share | Financial Services | Shell Companies | 3.46% |
| JVSA | JV SPAC Acquisition Corp. Class A Ordinary Share | Financial Services | Shell Companies | 2.83% |
| IROH | Iron Horse Acquisitions Corp. Common Stock | Financial Services | Shell Companies | 2.34% |
| FACTU | FACT II Acquisition Corp. Unit | Financial Services | Shell Companies | 1.99% |
| ALDFU | Aldel Financial II Inc. Units | Financial Services | Shell Companies | 1.96% |
| HVIIU | Hennessy Capital Investment Corp. VII Unit | Financial Services | Shell Companies | 1.94% |
| EQV | EQV Ventures Acquisition Corp. | Financial Services | Shell Companies | 1.94% |
| LPBB | Launch Two Acquisition Corp. Class A Ordinary Shares | Financial Services | Shell Companies | 1.93% |
| RDAC | Rising Dragon Acquisition Corp. Ordinary Shares | Financial Services | Shell Companies | 1.91% |
| DYNX | Dynamix Corporation Class A Ordinary Shares | Financial Services | Shell Companies | 1.91% |
| MACI | Melar Acquisition Corp. I Class A Ordinary Shares | Financial Services | Shell Companies | 1.70% |
| FSHPU | Flag Ship Acquisition Corp. Unit | Financial Services | Shell Companies | 1.68% |
| NOEMU | CO2 Energy Transition Corp. Unit | Financial Services | Shell Companies | 1.68% |
| PLMKU | Plum Acquisition Corp. IV Unit | Financial Services | Shell Companies | 1.67% |
| CHEB | Chenghe Acquisition II Co. | Financial Services | Shell Companies | 1.62% |