NASDAQ | ETF
The fund is an actively managed exchange-traded fund ("ETF") that under normal market conditions will invest at least 80% of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisitions Companies ("SPACs") that have yet to consummate a shareholder-approved merger or business combination.
The fund seeks to invest in publicly-traded SPACs that at the time of purchase are trading at or below the SPAC"s pro rata trust account value.
The fund is non-diversified.
Top 8 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TRTL_old | Terrapin 3 Acquisition Corporation | Financial Services | Shell Companies | 5.01% |
| RRAC | Rigel Resource Acquisition Corp | Financial Services | Shell Companies | 4.79% |
| PRLH | Pearl Holdings Acquisition Corp | Financial Services | Shell Companies | 3.82% |
| SEDA | SDCL EDGE Acquisition Corporation | Financial Services | Shell Companies | 3.34% |
| DECA | Denali Capital Acquisition Corp. Class A Ordinary Shares | Financial Services | Shell Companies | 3.03% |
| NFYS | Enphys Acquisition Corp | Financial Services | Shell Companies | 2.32% |
| TLGY | TLGY Acquisition Corp | Financial Services | Shell Companies | 0.80% |
| SCRM | Screaming Eagle Acquisition Corp | Financial Services | Shell Companies | 0.62% |