Calamos Launches First Autocallable UCITS ETF for Global Investors
Calamos has launched the Calamos Autocallable Income UCITS ETF, offering global investors access to a laddered portfolio of autocallable yield notes with a 14% annualized weighted average coupon. The ETF aims to provide high, stable monthly income through a UCITS framework, with J.P. Morgan as the primary swap counterparty and MerQube as the index provider. The U.S. versions of similar strategies have already attracted over $1 billion in assets.
Topics: autocallable notes Calamos ETF financial products income strategy