Description: Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S.-listed special purpose acquisition companies (“SPACs”). A SPAC is a “blank check” company with no commercial operations that is designed to raise capital via an IPO for the purpose of engaging in a merger, acquisition, reorganization, or similar business combination with one or more operating companies. Under normal circumstances, at least 80% of the fund’s net assets will be invested in Pre-Combination SPACs. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Financial
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Cash | 100.02 | 0.02 | 100.00 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Japan | 0.00 | 1.97 |
| Australasia | 0.00 | 0.07 |
| Asia Emerging | 0.00 | 1.48 |
| Latin America | 0.00 | 1.06 |
| North America | 0.00 | 84.69 |
| Asia Developed | 0.00 | 1.24 |
| United Kingdom | 0.00 | 1.44 |
| Europe Emerging | 0.00 | 0.28 |
| Europe Developed | 0.00 | 7.72 |
| Africa/Middle East | 0.00 | 0.05 |