SPCZ 26.95 RiverNorth Enhanced Pre-Merger SPAC ETF
| Range: | 25.12-27.266 | Vol Avg: | 150 | Last Div: | 1.29 | Changes: | 0 |
| Beta: | 0 | Cap: | 0.01B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Tue Jul 12 2022 | Empoloyees: | |||
| CUSIP: | CIK: | ISIN: | US53656G1004 | Country: | US | ||
Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S.-listed special purpose acquisition companies (“SPACs”). In seeking to achieve the fund’s investment objective, the sub-adviser will monitor the fund’s portfolio and adjust positions based on changes in expectations of the investments or the availability of better alternatives. At least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Pre-Merger SPACs. The fund is non-diversified.
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