What is SPC?

SPC is an actively managed ETF that invests in pre-merger Special Purpose Acquisitions Companies.

PERFORMANCE [as of 11/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPC 0.44% 0.88% 1.17% 1.27% -- -- --
SPC (NAV) 0.58% 1.12% 1.42% 1.42% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI ACWI + Frontier Markets IMI Index 9.62% -1.30% -16.18% -15.62% 6.30% 6.04% 8.58%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPC Factset Analytics Insight

SPC actively invests in SPACs that haven’t 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 SPAC’s 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 SPAC’s 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.

SPC Summary Data

09/21/21
0.80%
$62.87M
No Underlying Index
MSCI ACWI + Frontier Markets IMI Index
Open-Ended Fund

Peers

MSCI ACWI + Frontier Markets IMI Index

Fund Flows

-$0.00B 5 Days
-$0.00B 30 Days
-$0.00B 90 Days

SPC Portfolio Data

$358.28M
162.82
1.33
0.10%
N/A
222

SPC Index Data

No Underlying Index
Proprietary
Proprietary
MSCI ACWI + Frontier Markets IMI Index

SPC Portfolio Management

0.80%
--
--
--

SPC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SPC Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 11/25/22

This measurement shows how easy it is to trade a $1 million USD block of SPC. SPC is rated a N/A out of 5.

SPC Tradability

22,477
$463.82K
17,099
$353.93K
0.05%
$0.01
0.10%
0.39% / -0.24%
None
97.54%
--
--
--
--
0
$20.75
N/A

SPC Sector/Industry Breakdown

SPC Segment
Benchmark
91.95% --
7.40% --
2.10% --
-1.45% --

SPC Top 10 Holdings

6.00%
3.29%
2.85%
2.56%
2.45%
2.32%
2.22%
2.20%
2.10%
28.30%

SPC Performance Statistics

0.02
0.01
0.00
0.01
1.27%
MSCI ACWI + Frontier Markets IMI Index

SPC Countries

SPC Segment
Benchmark
91.01% 61.12%
3.51% 3.17%
1.16% --
1.14% --
1.09% 3.82%
-- 1.71%
-- 5.89%
-- 3.32%
-- 1.23%
-- 2.41%

SPC Regions

SPC Segment
Benchmark
94.52% 64.30%
2.24% 15.11%
1.16% 1.00%
-- 17.86%
-- 1.68%

SPC Economic Development

SPC Segment
Benchmark
96.76% 92.47%
1.16% 7.47%

SPC Benchmark Comparison Holdings

222
9522
0
0.00%

SPC Benchmark Comparison Summary

SPC Segment
Benchmark
222 9522
$358.28M $269.24B
162.82 14.65
1.33 2.17
0.01% 2.31%
Low Low

SPC Benchmark Comparison Market Cap Size

SPC Segment
Benchmark
0.00% 78.04%
0.00% 15.35%
9.20% 5.69%
83.92% 0.78%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.