JANZ
TrueShares Structured Outcome (January) ETF
📎 Investment Objective
The TrueShares Structured Outcome (January) 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 (January) ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The TrueShares Structured Outcome (January) 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 an options-based strategy to achieve its objective. It holds a portfolio of FLexible EXchange (FLEX) options on the S&P 500 Index that are designed to provide the desired upside participation and downside buffer over the course of a one-year outcome period that begins in January.
✨ Key Features
- Seeks to match S&P 500 returns up to a predetermined cap
- Provides a 10% buffer against losses in the S&P 500 Index
- Resets annually in January to maintain the one-year outcome period
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the S&P 500 Index
- Capped upside potential: Investors forgo returns above the predetermined upside cap
- Reset risk: The outcome period resets annually, which may affect the buffer and cap levels
- Liquidity risk: The ETF's options-based strategy may result in lower liquidity
👤 Best For
This ETF may be suitable for investors seeking S&P 500 exposure with a level of downside protection, and who are willing to forgo potential upside returns above the predetermined cap. It may be particularly appealing to more conservative investors or those nearing retirement.