JANM

FT U.S. Equity Max Buffer ETF - January

$32.61
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The FT U.S. Equity Max Buffer ETF - January (JANM) seeks to provide investors with a buffer against losses in the U.S. equity market up to a specified level, while providing participation in the upside of the market.

Overview

ETF tracking FT U.S. Equity Max Buffer ETF - January

Category Other
Issuer Other
Inception Date 2025-01-21
Market Cap $31.8M
Average Volume N/A
Dividend Yield N/A
52-Week Range $30.40 - $32.67
VWAP $32.59

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The FT U.S. Equity Max Buffer ETF - January (JANM) seeks to provide investors with a buffer against losses in the U.S. equity market up to a specified level, while providing participation in the upside of the market.

🎯 Investment Strategy

JANM is a buffered ETF that aims to provide downside protection and upside participation in the U.S. equity market. The fund uses a options-based strategy to offer a buffer against the first 10-15% of losses in the underlying index, while allowing investors to participate in a portion of the market's gains.

✨ Key Features

  • Provides a buffer against the first 10-15% of losses in the U.S. equity market
  • Offers participation in a portion of the market's upside gains
  • Resets the buffer and participation levels on an annual basis in January
  • Designed to help manage market volatility and downside risk

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the performance of the U.S. equity market, and it may decline in value if the market falls
  • Buffered loss risk: The fund's buffer against losses is limited to a specific range, and investors may still experience losses beyond that range
  • Opportunity cost risk: The fund's participation in upside gains may be limited, potentially resulting in underperformance compared to the broader market
  • Liquidity risk: The fund's shares may trade at a premium or discount to their net asset value, and there may be limited trading volume

👤 Best For

The FT U.S. Equity Max Buffer ETF - January may be suitable for investors seeking to participate in the U.S. equity market with a level of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon.