ARB

📎 Investment Objective

The AltShares Merger Arbitrage ETF (ARB) seeks to provide positive absolute returns in any market environment by investing in a portfolio of merger arbitrage and related strategies.

✨ Key Features

• Focuses on merger arbitrage, a strategy that seeks to profit from the spread between the current market price of a target company's shares and the price to be paid upon completion of a merger or acquisition
• Employs both long and short positions to generate returns in a variety of market conditions
• Aims to provide positive absolute returns that are not highly correlated with the broader equity or fixed income markets
• Actively managed by experienced portfolio managers specializing in merger arbitrage

⚠️ Primary Risks

• Merger arbitrage risk: If a proposed merger or acquisition is not completed, the fund could incur a loss on its investment
• Market risk: The fund's performance may be affected by overall conditions in the financial markets
• Liquidity risk: Some of the fund's investments may be illiquid, which could impact the fund's ability to sell positions at favorable prices
• Short sale risk: The fund's short positions may incur significant losses if the underlying securities increase in value

👤 Best For

The AltShares Merger Arbitrage ETF may be suitable for investors seeking an alternative source of returns that is not highly correlated with the broader equity or fixed income markets. This fund is intended for investors with a higher risk tolerance who understand the unique risks associated with merger arbitrage strategies.