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

This fund is closing. The last day of trading will be August 17, 2022. 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.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPXZ 9.24% -6.84% -30.42% -38.00% -- -- --
SPXZ (NAV) 9.15% -6.72% -30.51% -37.91% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI 9.11% -0.21% -13.00% -7.06% 13.72% 12.52% 13.57%
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%
$6.31M
$17.60K
0.29%

SPXZ Portfolio Data

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--
--
0.71%
N/A
--

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
Closing
Daily

SPXZ Factset Analytics Block Liquidity

As of 08/04/22
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

1,652
$17.60K
1,160
$12.42K
0.29%
$0.03
-0.20%
0.32% / -2.45%
None
25.00%
25,000
0.05
0.06%
--
447
$11.05
N/A

SPXZ Countries


SPXZ
Segment Benchmark
--
0.08%
--
99.92%

SPXZ Regions


SPXZ
Segment Benchmark
--
100.00%

SPXZ Economic Development


SPXZ
Segment Benchmark
--
100.00%

SPXZ Performance Statistics

0.56
1.09
1.18
0.96
1.31%
MSCI USA IMI

SPXZ Benchmark Comparison Holdings

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SPXZ Benchmark Comparison Summary


SPXZ
Segment Benchmark
--
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--
--
--
--
--
--
--
Low
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SPXZ Benchmark Comparison Market Cap Size


SPXZ
Segment Benchmark
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