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AltShares ETFs

by Water Island Capital

Democratizing Alternative Investments

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Water Island Capital was founded in 2000 with a goal of offering alternative investment strategies – historically an option available only to institutional investors and high net worth individuals – to the broader investing public. Learn more about Water Island

 

AltShares builds upon this goal by leveraging the knowledge gained through decades of experience managing non-traditional investment strategies, and offering them to the public with the benefits of exchange-traded funds: tax-efficiency, liquidity, transparency, and lower costs.

ARB

AltShares Merger Arbitrage ETF

ARB seeks to provide:

 

Broad exposure to a merger arbitrage strategy 

 

An independent return stream

 

Low volatility and low correlation to stocks and bonds.

 

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EVNT

AltShares Event-Driven ETF

EVNT seeks to provide:

 

An actively managed event-driven strategy

 

Exposure to both hard and soft catalyst events

 

Tax efficiency, intraday liquidity, portfolio transparency

 

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Before investing, carefully consider the fund’s investment objectives, risks, and charges and expenses. The fund’s prospectus contains this and other important information. Click here to obtain a copy of the current prospectus. Read the prospectus carefully before you invest. 

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Distributed by Foreside Financial Services, LLC. Advised by Water Island Capital, LLC.

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©2025 Water Island Capital. All rights reserved. Terms and Conditions

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