APRZ
TrueShares Structured Outcome (April) ETF
📎 Investment Objective
The TrueShares Structured Outcome (April) ETF seeks to provide investors with returns that match those of the S&P 500 Index up to a predetermined upside cap, while providing a buffer against the first 10% of losses in the S&P 500 Index over the course of a one-year period.
Overview
ETF tracking TrueShares Structured Outcome (April) ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The TrueShares Structured Outcome (April) ETF seeks to provide investors with returns that match those of the S&P 500 Index up to a predetermined upside cap, while providing a buffer against the first 10% of losses in the S&P 500 Index over the course of a one-year period.
🎯 Investment Strategy
The ETF uses a structured outcome strategy, investing in a portfolio of options contracts to provide the desired exposure. The fund resets its parameters annually in April, with a new upside cap and buffer level set for the following 12-month period.
✨ Key Features
- Seeks to match S&P 500 returns up to a predetermined upside cap
- Provides a 10% buffer against losses in the S&P 500 Index
- Resets parameters annually in April
- Designed for a one-year holding period
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the S&P 500 Index and are subject to general market fluctuations
- Capped upside potential: Investors forgo gains above the predetermined upside cap
- Reset risk: The fund's parameters are reset annually, which may result in a different upside cap or buffer level
- Liquidity risk: The ETF may have limited trading volume, which could impact an investor's ability to buy or sell shares
👤 Best For
The TrueShares Structured Outcome (April) ETF may be suitable for investors seeking equity-like returns with a level of downside protection, and who have a one-year investment horizon. The fund's structured outcome strategy may appeal to more risk-averse investors or those looking to manage volatility in their portfolio.