JANM
FT U.S. Equity Max Buffer ETF - January
📎 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
Performance
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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.