Workflow
Calamos US Tech Autocallable Income ETF (CAIQ)
icon
Search documents
ETF Prime: Calamos' Matt Kaufman Unpacks Autocallable Strategies
Etftrends· 2025-10-22 18:54
Group 1: Calamos Investments and Autocallable ETFs - The Calamos Autocallable Income ETF (CAIE) is the first auto callable ETF launched in June and has quickly gained popularity, surpassing $300 million in assets under management within a few months [2][4] - CAIE is structured similarly to bonds but linked to equity indices, providing monthly income and returning principal if the underlying equity does not fall below a predefined barrier, with coupon rates recently exceeding 14% [2][4] - The ETF offers more stable payouts and tax advantages compared to traditional covered call and equity premium income ETFs, making it an attractive option for advisors as a replacement for equities or high-yield bonds [4] Group 2: Franklin Templeton's ETF Growth - Franklin Templeton has surpassed $50 billion in global ETF assets, driven by a diverse lineup of smart beta, index, and active strategies, particularly in active ETFs and single-country funds [6][7] - Strong inflows have been noted in flagship funds such as the Franklin International Low Volatility High Dividend ETF (LVHI) and the Putnam Focus Large Cap Value ETF (PVAL), attributed to regulatory changes and investor demand for proven active strategies [7] - Cautionary insights were shared regarding the newly approved ETF share class structure, suggesting its impact may be limited compared to the growth momentum of active ETFs [7]