Join Bram Kaplan from J.P. Morgan and Matt Kaufman from Calamos Investments as they dive into the growing global opportunity in autocallable income—an increasingly dominate strategy within structured products, now available through ETFs.
With derivative income ETFs surpassing $115 billion in assets, Bram and Matt will explain why autocallables represent the “other half of the pie” that’s gaining traction in the benefit-rich ETF structure.
Matt will also highlight how the new Calamos Autocallable Income ETF (Ticker: CAIE) is transforming this institutional-caliber strategy into a simple, tax-efficient solution suitable for a wide range of portfolios.
Key Takeaways:
Inside the $200B+ Derivatives Income Market: See how autocallables fit into this fast-growing space-and why they’re a key driver of institutional flows.
J.P. Morgan’s Outlook: Gain insight into why the global leader in structured products sees autocallables as ready for ETF adoption.
The CAIE Advantage: Explore how CAIE removes traditional barriers-no $250K minimums, no K-1s, no complexity.
Real-World Portfolio Integration: Discover how advisors are using 14% yields with -40% buffers to enhance income and manage risk.
Tax Efficiency Unpacked: Learn how CAIE’s structure may deliver tax-smart income for high-net-worth clients.
Accepted for 1 CFP / IWI / CFA CE Credit
Speakers:
Matt KaufmanSVP, Head of ETFsCalamos Investments
Bram KaplanHead of Americas Equity Derivatives StrategyJ.P. Morgan
Before investing, carefully consider the fund’s investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.
Calamos does not provide tax, investment, or other advice. Your clients should consult their tax and/or financial professional concerning their specific situation.
An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund’s prospectus.
The principal risks of investing in the Calamos Autocallable Income ETF include: autocallable structure risk, contingent income risk, early redemption risk, barrier risk, authorized participant concentration risk, calculation methodology risk, cash holdings risk, correlation risk, costs of buying and selling fund shares, counterparty risk, credit risk, derivatives risk, equity securities risk, index risk, interest rate risk, investment in a subsidiary, laddered portfolio risk, liquidity risk, market maker risk, market risk, new fund risk, non-diversification risk, premium-discount risk, secondary market trading risk, swap agreement risk, tax risk, trading issues risk, valuation risk, and volatility target index risk.
Autocallable Structure Risk –The Fund’s returns are correlated to the performance of a synthetic portfolio of autocallable notes tracked by the Laddered Autocall Index. Autocallable notes have specific structural features that may be unfamiliar to many investors:
–Contingent Income Risk: Coupon payments from the Autocalls are not guaranteed and will not be made if the Underlying Index falls below the Coupon Barrier on observation dates. This means the Fund may generate significantly less income than anticipated during market downturns.
–Early Redemption Risk: Autocalls in the Portfolio may be called before their scheduled maturity if the Underlying Reference Index reaches or exceeds the Autocall Barrier on observation dates. This automatic early redemption could force reinvestment of that portion of the portfolio at lower rates if market yields have declined.
–Barrier Risk: If the Underlying Reference Index falls below the Protection Level Barrier at the maturity of an Autocall in the Portfolio, that portion of the Portfolio will be fully exposed to the negative performance of the Underlying Reference Index from its initial level. This conditional protection creates a binary outcome that can result in sudden, significant losses if barriers are breached.
