The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in U.S.-listed special purpose acquisition companies (SPACs) and in companies that have merged with or been acquired by a SPAC. A SPAC is a blank check company with no commercial operations that is designed to raise capital via an initial public offering (IPO) for the purpose of engaging in a merger, acquisition, reorganization, or similar business combination (a Combination) with one or more operating companies. The fund is non-diversified.
Frequently asked questions
What is the Morgan Creek - Exos SPAC Originated ETF (SPXZ) expense ratio?
The Morgan Creek - Exos SPAC Originated ETF funds expense ratio is 1%.
What is Morgan Creek - Exos SPAC Originated ETF (SPXZ) current stock price?
As of the latest data, Morgan Creek - Exos SPAC Originated ETF stock price is $11.01, with a previous close of $11.00. Morgan Creek - Exos SPAC Originated ETF gained $0.01 in the last trading session, representing a 0.07% increase.
Does Morgan Creek - Exos SPAC Originated ETF (SPXZ) pay dividends?
No. Morgan Creek - Exos SPAC Originated ETF does not pay a dividend.