ARB — AltShares Merger Arbitrage ETF
ARB is the first ETF by AltShares Trust and the first merger arbitrage fund that hedges foreign currency exposure. The fund is passively managed to invest in a developed market index of all-cap equities, focused on publicly-announced stock-for-stock mergers or acquisitions. The fund takes long positions on 30-50 takeover targets, while shorting the acquiring firms to hedge the acquirers stock price decline. The index rebalances and reconstitutes twice a month. ARB hedges its FX risks against the USD using forward currency or futures contracts. The fund may also hold positions in cash when the number of takeover targets are not met or when deals are consummated.
Company profile
- Sector: Financial Services
- Industry: Asset Management
- Country: US
- Exchange: AMEX
- Employees: 207
- Website: https://www.altsharesetfs.com/arb
Latest ARB news
- — Arbitrum Is Up More Than 100% Since August, and 92.6 Million ARB Unlocks Every Month Until Early 2027. Can the Rally Survive the Supply? (247wallst.com)
- — Can Arbitrum Reach $1? What It Would Take, and Why Ethereum Could Decide It (247wallst.com)
Educational tool only — not investment advice.