SPXZ

Morgan Creek - Exos SPAC Originated ETF
*Unless otherwise stated, data provided by FactSet.

SPXZ Fund Description

SPXZ is actively-managed to invest in SPAC-derived IPOs that have completed or yet to complete a business combination.

SPXZ Factset Analytics Insight

SPXZ provides an actively-managed exposure to Special Purpose Acquisitions Corporations (SPACs) that targets roughly 33% in pre-combination and 66% in post-combination SPACs, weighted equally within their groups. SPACs are companies with no commercial operations other than to raise capital for the purpose of acquiring others. Pre-combination SPACS are SPAC-derived IPOs still seeking for mergers and have liquidation risk if they fail to combine in a two-year period while post-combination are SPAC-derived IPOs that have successfully merged in the last three years. The portfolio selection will mainly include the 50 largest publicly-traded US-listed SPACs. Due to monthly rebalancing, SPXZ may have a high portfolio turnover rate, which potentially leads to higher trading costs and capital gains distributions.

SPXZ MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 12/06/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPXZ -13.48% -12.20% -- -- -- -- --
SPXZ (NAV) -12.36% -11.38% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI -3.27% 0.33% 21.72% 24.32% 21.58% 17.59% 15.98%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPXZ Summary Data

Morgan Creek
01/26/21
Open-Ended Fund
1.00%
$15.06M
$134.69K
0.25%

SPXZ Portfolio Data

--
--
--
--
N/A
0

SPXZ Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI

SPXZ Portfolio Management

1.00%
--
--
--

SPXZ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SPXZ Fund Structure

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

SPXZ Factset Analytics Block Liquidity

As of 12/07/21
5
4
3
2
1

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

SPXZ Tradability

7,715
$134.69K
6,559
$113.63K
0.25%
$0.05
-0.08%
0.29% / -0.40%
None
25.00%
25,000
0.26
0.06%
--
355
$16.46
N/A

SPXZ Countries


SPXZ
Segment Benchmark
--
0.07%
--
99.93%

SPXZ Regions


SPXZ
Segment Benchmark
--
100.00%

SPXZ Economic Development


SPXZ
Segment Benchmark
--
100.00%

SPXZ Performance Statistics

0.34
1.31
1.19
1.52
1.76%
MSCI USA IMI

SPXZ Benchmark Comparison Holdings

0
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SPXZ Benchmark Comparison Summary


SPXZ
Segment Benchmark
0
--
--
--
--
--
--
--
--
--
Low
--

SPXZ Benchmark Comparison Market Cap Size


SPXZ
Segment Benchmark
--
--
--
--
--
--
--
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