JULM
FT Vest U.S. Equity Max Buffer ETF - July
📎 Investment Objective
The FT Vest U.S. Equity Max Buffer ETF - July (JULM) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during market downturns.
Overview
ETF tracking FT Vest U.S. Equity Max Buffer ETF - July
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest U.S. Equity Max Buffer ETF - July (JULM) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during market downturns.
🎯 Investment Strategy
JULM is a buffer ETF that uses options strategies to provide a buffer against the first 10-15% of losses in the U.S. equity market, as measured by the S&P 500 Index. The fund aims to capture most of the upside of the U.S. equity market while limiting downside risk over a one-year target outcome period.
✨ Key Features
- Provides a buffer against the first 10-15% of losses in the U.S. equity market over a one-year target outcome period
- Seeks to capture most of the upside of the U.S. equity market, as measured by the S&P 500 Index
- Resets its buffer and upside cap annually on a specific date
- Has a 0.00% expense ratio
⚠️ Primary Risks
- Market risk: The fund's performance is tied to the U.S. equity market and may be negatively impacted by general market declines
- Buffered loss risk: The fund's buffer against losses is not guaranteed, and investors may experience losses beyond the buffer level
- Capped upside risk: The fund's upside potential is capped, which means investors may not fully participate in strong market rallies
- Liquidity risk: The fund may experience lower trading volumes, which could impact its ability to execute trades
👤 Best For
The FT Vest U.S. Equity Max Buffer ETF - July may be suitable for investors seeking exposure to the U.S. equity market with a level of downside protection, particularly those with a medium-term investment horizon and a moderate risk tolerance.