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 |
|---|---|---|---|---|
| SALXX | State Street Master Funds - State Street U.S. Government Money Market Portfolio | 7.18% | ||
| 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% |
| TBMC | Trailblazer Merger Corporation I Class A Common Stock | Financial Services | Shell Companies | 4.08% |
| TBMCR | Trailblazer Merger Corporation I Rights | 4.06% | ||
| FORL | Four Leaf Acquisition Corporation Class A Common Stock | Financial Services | Shell Companies | 3.99% |
| LEGT | Legato Merger Corp. III | Financial Services | Shell Companies | 3.95% |
| GRAF | Graf Global Corp | Financial Services | Shell Companies | 3.87% |
| GPAT | GP-Act III Acquisition Corp. Class A Ordinary Share | Financial Services | Shell Companies | 3.44% |
| SOCAU | Solarius Capital Acquisition Corp. Units | Financial Services | Shell Companies | 3.13% |
| JVSA | JV SPAC Acquisition Corp. Class A Ordinary Share | Financial Services | Shell Companies | 2.83% |
| AACT | Ares Acquisition Corporation II | Financial Services | Shell Companies | 2.68% |
| IROH | Iron Horse Acquisitions Corp. Common Stock | Financial Services | Shell Companies | 2.34% |
| QSEA | Quartzsea Acquisition Corporation | Financial Services | Shell Companies | 1.96% |
| ALDFU | Aldel Financial II Inc. Units | Financial Services | Shell Companies | 1.95% |
| LPBB | Launch Two Acquisition Corp. Class A Ordinary Shares | Financial Services | Shell Companies | 1.92% |
| HVIIU | Hennessy Capital Investment Corp. VII Unit | Financial Services | Shell Companies | 1.91% |
| FACTU | FACT II Acquisition Corp. Unit | Financial Services | Shell Companies | 1.91% |
| 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% |