CALAMOS BITCOIN 90 SERIES STRUCTURED ALT PROTECTION ETF - APRIL

The Calamos Bitcoin 90 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 10% (i.e., 90% protection from -10% to -100%) over a one-year period (before fees and expenses). Even if Bitcoin* falls more than 10%, the ETF is structured so investors cannot lose more than 10% of their investment during the outcome period.