Key stats
About CrossingBridge Pre-Merger SPAC ETF
Expense ratio
0.80%
Home page
Inception date
Sep 21, 2021
ISIN
US89834G7786
SPC actively invests in SPACs that havent completed a shareholder-approved merger or business combination. While focused on US-listed SPACs, the fund could invest in foreign SPACs, including Canada, the Cayman Islands, Bermuda, and the Virgin Islands. SPACs should be trading at or below the SPACs pro rata trust account value to be selected and will be disposed after the merger or business combination. The adviser uses quantitative and qualitative analyses in making investments. The quantitative analysis focuses on the current market price relative to a SPACs underlying pro-rata trust account value and the yield to expected liquidation or redemption date. The qualitative analysis may include factors such as a sponsors background and experience, target industry, and terms of transaction. SPC may also invest in securities offered in a SPAC IPO and may receive additional securities that may include founder shares and warrants that could have restrictions on resale.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region