Morgan Creek-Exos Active SPAC Arbitrage ETF - USD Stock

The CSH ETF is designed to act as an alternative to cash in investor portfolios. It is meant to provide the safety of the highest quality collateral - such as US T-bills or other cash equivalents - without giving up the ability to earn a return. It does this by investing in and trading only a subset of equity securities that are collateralized on the downside by T-bills, yet have the ability to generate upside via equity options embedded in the securities. This type of security is called a 'pre-combination' SPAC. CSH is an active strategy designed around the unique attributes of these securities to first and foremost protect investor capital at all times via the T-bill collateral and only then to opportunistically generate return by trading the underlying collateral and options embedded in the securities.