+1 for this ETF
I love SPACs but lately it has become much harder to buy at a good price (i.e. near NAV), and not all of them are available on Freetrade.
SPCX is the first actively-managed Special Purpose Acquisitions Corporations (SPACs) ETF in the market. The fund seeks capital appreciation by holding a broad portfolio of SPACs or “blank check” companies and firms that have completed their initial public offering (IPO) within the last two years. This ETF started trading in Dec for $25 per share and is currently at $29.26.
May not be a long term hold once the SPAC rage is over, but could be a potential interesting way to diversify SPAC investments.
@Kitchlad Were you able to verify your statement on the companies they invested in? I could not find any information on which SPACs they have invested in to date…