Robinson Active Premerger SPAC ETF
Ticker: SPAX
Exchange: NYSE Arca
Expense ratio:
Original filing date: April 7, 2021
Effective date: June 21, 2021
Listing Date: TBD
CUSIP:
Active: Yes
Index / Benchmark: Not Applicable
Investment Objective:
Seeks to provide total
return while minimizing downside risk.
Investment Strategy / Index Methodology:
Universe: SPACs with minimum $100 M market capitalization at time of purchase by SPAX.
Evaluate SPACs on:
- sponsor's history in allocating capital
- securing financing
- experience managing public companies
- background in the industry or business where SPAC is searching for a business combination
Investing:
- Purchase SPAC common stock or units at or below pro-rata share of the trust account
- Sell SPAC investment prior to a completed business combination
Real-time model of all publicly-traded SPACs:
- rank SPACs according to:
- likelihood of identifying a deal
- price of the SPAC relative to the trust account value
- value of any attached warrant
-->Continuously adjust portfolio holdings toward those SPACs most attractive at any point in time
Adviser: Toroso Investments, LLC
Sub-Adviser: Robinson Capital Management, LLC
Adminstrator: Tidal ETF Services LLC
Fund accountant: U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services
Custodian: U.S. Bank National
Association
Distributor: Foreside Fund Services,
LLC
Legal counsel: Godfrey & Kahn, S.C.
External accounting: TBD
Prospectus is here.
- LinkedIn: Henry Jim
- henry@etfhearsay.com
- Twitter: @ETFhearsay
No comments:
Post a Comment