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Animal Spirits Podcast

Talk Your Book: Defining Risk with Structured Protection ETFs

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.82K Ratings

🗓️ 13 May 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

On today's show, Ben Carlson and Michael Batnick spoke with Matt Kaufman, SVP and Head of ETFs at Calamos Investments to discuss: why embedding options within ETF wrappers has gotten so popular, how Calamos structures protection ETFs, why timing can matter with structured protection ETFs, demographic tailwinds for structured protection products, and much more! Find complete show notes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's Animal Spirits is brought to you by Calamose Investments.

0:02.8

Go to Calamose.com to learn more about the Calamose Structured Protection EDFs.

0:06.5

That's Calamose.com for more.

0:08.0

Welcome to Animal Spirits, a show about markets, life, and investing.

0:15.0

Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and

0:19.0

watching.

0:20.0

All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Riddholt's wealth management.

0:26.0

This podcast is for informational purposes only and should not be relied upon for any investment decisions.

0:32.0

Clients of Ritholz wealth management

0:33.5

may maintain positions in the securities

0:35.4

discussed in this podcast.

0:37.0

Welcome to Animal Spirits with Michael and Ben.

0:43.0

Michael, I've been pounding the table on this for a while.

0:45.0

There's never been a better time to be an individual investor and every single day it gets better

0:50.0

because of these strategies you're afforded.

0:52.0

Oh, I thought you were going to say that the market is going to crash.

0:54.4

Keep going.

0:55.4

Oh, no, I haven't.

0:56.4

If it is, it would be a good time for the talk we're having today.

1:00.4

But some of the stuff that we've expanded to in recent years, is stuff that I probably never would have even foreseen in terms of the way that strategies are utilizing options and derivatives within EDFs, because that's just not a world that I have really lived in before.

1:15.0

I've done structured products in the past like in my endowment days with the 200 page

1:21.1

prospectus and trying to like literally create your own and it is a giant pain in the butt to do that.

...

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