The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in U.S.-listed special purpose acquisition companies (SPACs) and in companies that have merged with or been acquired by a SPAC. A SPAC is a blank check company with no commercial operations that is designed to raise capital via an initial public offering (IPO) for the purpose of engaging in a merger, acquisition, reorganization, or similar business combination (a Combination) with one or more operating companies. The fund is non-diversified.
Research context
Morgan Creek - Exos SPAC Originated ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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