JUNZ
TrueShares Structured Outcome (June) ETF
📎 Investment Objective
The TrueShares Structured Outcome (June) ETF seeks to provide investors with returns that match those of the S&P 500 Index up to a predetermined 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 (June) ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The TrueShares Structured Outcome (June) ETF seeks to provide investors with returns that match those of the S&P 500 Index up to a predetermined 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 on the S&P 500 Index to provide the desired level of upside participation and downside protection. The fund resets its parameters annually in June.
✨ Key Features
- Seeks to match S&P 500 returns up to a cap, currently around 15%
- Provides a 10% buffer against losses in the S&P 500 Index
- Resets parameters annually in June to maintain the structured outcome strategy
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The fund's returns are tied to the performance of the S&P 500 Index
- Capped upside potential: Investors forgo returns above the fund's cap
- Reset risk: The fund's parameters may change significantly at each annual reset
- Counterparty risk: The fund's options-based strategy exposes it to the creditworthiness of its counterparties
👤 Best For
This ETF may be suitable for investors seeking equity-like returns with a measure of downside protection, who have a one-year investment horizon and are comfortable with the fund's reset mechanism and capped upside potential.