Description: AltShares Trust - AltShares Merger Arbitrage ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. It invests in public equity markets of global region. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund employs long/short strategy and uses derivatives such as futures, forwards, swaps to create its portfolio. AltShares Trust - AltShares Merger Arbitrage ETF is domiciled in the United States.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Event Driven
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 77.02 | 0.59 | 76.43 |
| Stock non-US | 17.17 | 1.04 | 16.14 |
| Cash | 11.21 | 3.38 | 7.83 |
| Other | 6.74 | 7.14 | -0.40 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 28.66 | 21.27 |
| Healthcare | 25.29 | 14.17 |
| Industrials | 13.72 | 9.76 |
| Financial Services | 12.23 | 32.65 |
| Utilities | 6.73 | 2.39 |
| Consumer Cyclicals | 5.43 | 2.81 |
| Real Estate | 4.11 | 3.27 |
| Communication Services | 3.07 | 7.12 |
| Energy | 0.77 | 0.75 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 84.32 | 89.80 |
| United Kingdom | 13.35 | 2.66 |
| Europe Developed | 2.33 | 5.37 |
| Australasia | 0.00 | 0.02 |
| Asia Emerging | 0.00 | 0.78 |
| Latin America | 0.00 | 0.02 |
| Asia Developed | 0.00 | 0.53 |
| Africa/Middle East | 0.00 | 0.82 |