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 07/28/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPXZ -14.91% -13.19% -- -- -- -- --
SPXZ (NAV) -14.04% -12.02% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPXZ Summary Data

Morgan Creek
01/20/21
Open-Ended Fund
1.00%
$21.05M
$294.93K
0.24%

SPXZ Portfolio Data

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

SPXZ Index Data

No Underlying Index
Proprietary
Proprietary
N/A

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
Medium
Daily

SPXZ Factset Analytics Block Liquidity

As of 07/29/21
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

14,610
$294.93K
9,652
$185.65K
0.24%
$0.05
-0.05%
0.29% / -0.34%
None
25.00%
25,000
0.39
0.06%
--
375
$18.22
N/A

SPXZ Performance Statistics

--
--
--
--
0.00%
N/A

SPXZ Benchmark Comparison Holdings

--
--
--
--

SPXZ Benchmark Comparison Summary


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

SPXZ Benchmark Comparison Market Cap Size


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