SPCX - What The SPAC? Taking A Look At SPCX The SPAC And New Issue ETF
- The SPAC and New Issue ETF (SPCX) is a new fund aimed at providing investors with exposure to the red-hot SPAC (Special-Purpose Acquisition Company) landscape.
- This actively traded fund recently began operations in December 2020 and has just surpassed the $100M mark in fund assets.
- SPCX is actively managed and has a current expense ratio of 0.95%.
- Despite the exciting prospect of tremendous returns from SPACs, no financial information is available yet for SPCX: caution recommended.
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What The SPAC? Taking A Look At SPCX, The SPAC And New Issue ETF