SPCKThe SPAC and New Issue ETF

Grow my money Take a bet5y track recordRanked #709 of 775 in this goal

Seeks to provide total return.

By SPAC · Launched 2020

Annual Cost

2.32%

#5,523 of 5,562 · expensive

Fund Size

$7M

#4,905 of 5,562 · small

Return (1Y)Goal

-0.1%

Track Record

5 years

#2,255 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$9,801-2.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Focus

IPO, SPAC

What it actually holds

By weight

Concentration

Top 10 holdings = 44.1% of fundmoderately concentrated

GSR IV Acquisition Corp

5.4%

Berto Acquisition Corp

5.3%

ITHAX Acquisition Corp III

5.2%

Vanguard Short Term Treasury ETF

5.0%

F/m US Treasury 3 Month Bill ETF

4.6%

State Street SPDR Bloomberg 1-3 Month T-Bill ETF

4.2%

Meshflow Acquisition Corp

3.9%

iShares 1-5 Year Investment Grade Corporate Bd ETF

3.6%

Churchill Capital Corp IX

3.5%

Renatus Tactical Acquisition I Corp

3.3%

Asset allocation

Stocks

100.0%

By sector

Financial Services

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

8.8%Low

Year-on-year price swings

Max drawdown

-28.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.05Below average

Sortino (3Y)

0.08Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide total return.
Strategy: Invests primarily in SPACs and companies that completed an IPO within the last two years, utilizing fundamental analysis to identify opportunities. The Fund may also use swap agreements to gain exposure without direct investment costs. Engages in frequent trading, resulting in high turnover.
Inception date: December 15, 2020
Fund family: SPAC