Structured Outcome ETFs

Product Table

TrueShares Structured Outcome August ETF (Ticker: AUGZ) has launched August 3rd. Click here to receive more information about this new ETF.

  • AUGZ is expected to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first losses of the S&P 500 Price Index over a 12-month investment period. 
  • In addition to the downside buffer, AUGZ will seek upside returns similar to the S&P 500 Price Index.
  • As of 7/31/2020, the estimated upside market participation rate range is 82-86%.1
TrueShares Structured Outcome September ETF (Ticker: SEPZ) is launching on September 1st. For more information click here
 
As of 08/06/2020
Ticker Name Series Fund Price Fund Return Index Index Return Est. Upside Market Participation Rate Remaining Buffer ETF Downside to Buffer Remaining Outcome Period Prospectus
JULZ JULZ July $26.49 5.96% S&P 500 7.51% 82-84% 10% -5.62% 327 days
AUGZ AUGZ August $25.3 1.2% S&P 500 1.64% 82-84% 10% -1.19% 357 days
Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for performance data current to the most recent month end. 


1. The estimated participation ranges represent the estimated highest and lowest upside participation rates are based on the historical daily options pricing for the options that would have been utilized to implement the strategy as described in the prospectus (out of the money puts and at the money calls) for the business days from 7/27/2020 - 7/29/2020 and are shown gross of the 0.79% annual operating expenses for the ETF.  It does not represent the actual upside participation rate that will be set on the first day of the investment period, which may fall outside the stated cap ranges, due to extreme market volatility.

Definitions

Remaining Buffer – How much of the downside buffer remains given the current price. ETF Downside Before Buffer – How much the ETF can to lose before the protection buffer level . Remaining Outcome Period – How long until the option structure expires.

Starting NAV – nav at start of the outcome period.

Period Return – Will be 0 as it is always at the start of the period.

SPX Index Reference Price – The S&P 500 Price Index that we will set the structured outcomes on.  This is the price that the buffer starts on.

Downside Buffer – The % of downside return of the S&P 500 Price Index from the reference price that is designed to be buffered. 

Estimated Upside Market Participation Rate - The estimated upside market participation rate represents the relative exposure of the fund's call options to participate in the potential upside movement of the S&P 500 Price Index. This will be determined by the relative price of call and put options at the start of the investment period (12-month period).

Days Remaining – Amount of time until the option structure expires.

Call options - Give the buyer the right, not obligation, to buy shares of the underlying stock at the stated exercise price from the seller of the call option up until the option expires.

Put options  - Give the buyer the right, not obligation, to sell shares of the underlying stock at the stated exercise price to the seller of the put option up until the option expires.

Current outcome period values should be data as of the previous close.

Current Price – Price as of date’s close.

Period Return – Return of the ETF from the start of the outcome period to the closing price on the current date.

Remaining Buffer – How much of the downside buffer remains given the current price.

ETF Downside Before Buffer – How much the ETF can to lose before the protection buffer level .

Remaining Outcome Period – How long until the option structure expires.

30-Day Yield - Represents net investment income earned by the Fund expressed as an annual percentage rate based on the Fund's share price at the end of a 30-Day period ended on the last day of the month.