Calamos Investments, a leading global investment firm, has unveiled its latest offering in the form of an actively managed exchange-traded fund (ETF) called the Calamos Alternative Nasdaq & Bond ETF (CANQ). This innovative product combines options-based exposure to Nasdaq-100 stocks with diversified fixed-income holdings, delivering risk-managed equity exposure and income from bonds.
The CANQ offers investors the opportunity to benefit from the upside potential of the largest and most recognized Nasdaq-100 stocks, while also enjoying the income and diversification potential of bonds. By leveraging Calamos’ decades-long expertise in alternatives, risk management, and options markets, the CANQ aims to provide a unique investment solution for individuals seeking a balanced approach to their portfolios.
President and CEO of Calamos Investments, John Koudounis, expressed his excitement about the new ETF, even in the face of an NYC snowstorm, stating, “not even an NYC snowstorm will dampen our ability to bring innovative alternative investments to our clients.”
Key features of the CANQ include tax-efficient access to leading Nasdaq-100 companies through FLEX Options, which seek to deliver uncapped upside. Additionally, the ETF includes a fixed income allocation that aims to provide monthly income and risk mitigation, delivering limited downside capture and income above the risk-free rate.
With $35.5 billion in assets under management as of December 31, 2023, Calamos has a strong track record of success and expertise in the investment industry. The firm was named Best Overall Fund Group at the Refinitiv Lipper Fund Awards in 2022 and was founded in 1977 by John P. Calamos, Sr., a highly respected and prominent financial expert.
In addition to the CANQ, Calamos Investments has also recently launched the Calamos Antetokounmpo Sustainable Equity Fund, a suite of environmental, social, and governance funds, in partnership with NBA superstar Giannis Antetokounmpo.
This latest offering from Calamos Investments exemplifies the company’s commitment to innovation and providing clients with unique investment opportunities. By combining options-based exposure and diversified fixed-income holdings, the CANQ offers investors a comprehensive solution for managing risk and generating income in today’s dynamic market environment. As the financial industry continues to evolve, it is evident that firms like Calamos Investments will play a crucial role in shaping the future of investment management.
