CALAMOS BITCOIN 80 SERIES STRUCTURED ALT PROTECTION ETF - APRIL

The Calamos Bitcoin 80 Series Structured Alt Protection ETF is designed to match the positive price return of Bitcoin* up to a defined cap, while limiting maximum loss to 20% (i.e., 80% protection from -20% to -100%) over a one-year period (before fees and expenses). Even if Bitcoin* falls more than 20%, the ETF is structured so investors cannot lose more than 20% of their investment during the outcome period.