MAYZ
TrueShares Structured Outcome (May) ETF
📎 Investment Objective
The TrueShares Structured Outcome (May) 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.
Overview
ETF tracking TrueShares Structured Outcome (May) ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The TrueShares Structured Outcome (May) 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.
🎯 Investment Strategy
The ETF uses a structured outcome strategy, investing in a portfolio of options contracts to provide the desired level of upside participation and downside protection. The fund resets its parameters annually in May.
✨ 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
- Resets parameters annually in May to maintain the structured outcome
- 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 gains above the fund's upside cap
- Reset risk - the fund's parameters may change significantly from one reset period to the next
- Counterparty risk - the fund relies on options contracts which carry counterparty risk
👤 Best For
This ETF may be suitable for investors seeking S&P 500-like returns with some downside protection, who have a medium-term investment horizon and are comfortable with the fund's structured outcome parameters resetting annually.