Calamos launches Europe’s first autocallable UCITS ETF

Calamos Investments launched the Autocallable Income UCITS ETF in Europe during the week of April 23-30, 2026. The fund converts an autocallable income strategy into a UCITS-listed ETF, offering a structured-note style payout through an exchange-traded vehicle.

Autocallable products include embedded options that allow early redemption when the underlying meets set performance thresholds. Packaged as a UCITS ETF, the strategy is intended to deliver daily tradability alongside UCITS regulatory features such as diversification and liquidity requirements.

Other launches in the April 23-30 period included ETNs from KB Securities that track Solactive Natural Gas Total Return T-Bill Leveraged Indices; BlackRock’s ISOV, an actively managed emerging-market debt ETF, and four ETFs tied to STOXX Focus indices; Bloomberg’s Australia Domestic Equity Indices, created to serve as benchmarks; Schroders’ U.S. equity ETF listed in Europe; DWS’s WIRE, a UCITS ETF focused on electrification and smart-grid technologies, plus three global equity UCITS ETFs trading under the tickers ALLW, AWEX and WIMI; and Goldman Sachs Asset Management’s two UCITS fixed-income ETFs, Credit Plus (GCPA) and Income Bond (GIBO).

The slate included structured-payoff ETFs introduced into the UCITS framework, leveraged commodity ETNs, actively managed debt funds, thematic equity ETFs and index-provider launches.

Issuers used the UCITS vehicle to adapt a range of strategies for European-listed ETF investors, converting structured-payoff and credit strategies into regulated exchange-traded formats.