Matt Kaufman Breaks Down Calamos’ Antetokounmpo ETF Structure

Matt Kaufman breaks down Calamos Investments’ expansion into alternative strategies with new Antetokounmpo‑branded ETFs, including SROI and CAGE. He explains how the growth‑oriented auto‑callable structure uses a memory feature and principal barriers to capture gains through volatility, using a swap with JPMorgan Chase (JPM). Kaufman outlines why the strategy is designed to outperform the S&P 500 over time and serve as a more aggressive long‑term and retirement allocation.

The Watch List

24 Apr 2026

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