June 26, 2026 • 1:00PM ET • 1 CE Credit
Autocallables, Unwrapped: From Structured Notes to the ETF Era
• 1 CE Credit
Lessons/Sessions to be included:
• Autocallables, Unwrapped: From Structured Notes to the ETF Era
Autocallables have been one of the world’s largest structured product categories for two decades—and are now among the fastest-growing segments of the ETF market. Yet many advisors are still getting up to speed and have lacked efficient access.
This session lifts the hood on autocallables—explaining how they work, why they historically lived in structured notes, when they may outperform covered calls, and how the ETF wrapper is changing the game: www.calamos.com/autocall.
Learning Objectives
- Autocallables, explained simply — Mechanics in plain English: reference index, observation dates, the autocall trigger, coupons, memory feature, and downside barriers.
- Volatility-controlled, single-stock, or worst-of – Key differences and tradeoffs.
- The tradeoffs — What are the risks? When do they work? When don’t they? When is principal really at risk?
- Why autocallables lived in the structured note world — And the friction that came with it: issuer credit risk, illiquidity, high minimums, opacity, and tax complexity
- Structured ETFs — The revolution behind autocallables in ETFs: intraday liquidity, transparency, no single-issuer credit risk, low minimums, and the operational simplicity of a ticker
- The Calamos suite — Why the first may also be the best – A closer look at CAIE, CAIQ, and CAGE: how they’re built, their roles (income vs. growth), and how an index-based, ETF-native approach differs.
Accepted for 1 CFP / IWI / CFA CE Credit
Speakers
Matt Kaufman serves as SVP, Head of ETFs at Calamos Investments, where he leads the firm’s ETF business.
Matt joined Calamos Investments in 2023 as an accomplished financial services executive with more than 20 years of experience serving the asset management and insurance industries across North America, Europe, and Asia. Matt has designed, led, and helped build hundreds of exchange-traded funds (ETFs), unit investment trusts (UITs), indexes, variable insurance trust funds, registered index-linked annuities, fixed annuities, and closed-end funds. He is also a sought-after source by leading financial publications and is a frequent speaker at industry conferences and events.
Prior to Calamos, Matt spent more than a decade at Milliman, Inc., where he served as President of the firm’s broker/dealer (Milliman Investment Management Services LLC) and as a principal of the firm’s $170b RIA (Milliman Financial Risk Management LLC). Matt also draws from his prior experience at PowerShares ETFs, where he helped the firm grow during the formative years of the ETF ecosystem.
Matt earned a B.A. in Public Administration and Economics from Cedarville University and maintains Certified ETF Advisor (CETF®) and Professional Certified Marketer® designations through The ETF Institute and American Marketing Association, respectively. He also holds FINRA Series 7, 63, and 24 and CFTC Series 3 licenses.
Matt Kaufman serves as SVP, Head of ETFs at Calamos Investments, where he leads the firm’s ETF business.
Matt joined Calamos Investments in 2023 as an accomplished financial services executive with more than 20 years of experience serving the asset management and insurance industries across North America, Europe, and Asia. Matt has designed, led, and helped build hundreds of exchange-traded funds (ETFs), unit investment trusts (UITs), indexes, variable insurance trust funds, registered index-linked annuities, fixed annuities, and closed-end funds. He is also a sought-after source by leading financial publications and is a frequent speaker at industry conferences and events.
Prior to Calamos, Matt spent more than a decade at Milliman, Inc., where he served as President of the firm’s broker/dealer (Milliman Investment Management Services LLC) and as a principal of the firm’s $170b RIA (Milliman Financial Risk Management LLC). Matt also draws from his prior experience at PowerShares ETFs, where he helped the firm grow during the formative years of the ETF ecosystem.
Matt earned a B.A. in Public Administration and Economics from Cedarville University and maintains Certified ETF Advisor (CETF®) and Professional Certified Marketer® designations through The ETF Institute and American Marketing Association, respectively. He also holds FINRA Series 7, 63, and 24 and CFTC Series 3 licenses.
Register Now!
Already have an account? Sign in
*Required Fields