TRUESHARES

QBER

TrueShares Quarterly Bear Hedge ETF

Why Invest in QBER

TRUEOUTCOME

The TrueShares Quarterly Bear Hedge ETF is an actively managed fund that aims to provide substantial protection of principal while maintaining the potential to create positive returns in the event of a decline in U.S. equity markets over rolling three-month periods. By combining an investment of substantially all its assets in a portfolio of short-term income-generating debt securities with a modest investment in put options on securities or indexes that are representative of U.S. large capitalization companies, the Fund’s portfolio is expertly positioned to pursue its investment objective. Designed to benefit from meaningful declines in the domestic large cap equity market, the Fund’s investment strategy aims to mitigate equity market risk by limiting it to the purchase price of the put options in the event that they expire worthless. If, however, the value of the large cap equity market falls below the put option’s strike price, the option finishes “in-the-money” and may generate a positive total return.

Why Invest in QBER

TRUEOUTCOME

The TrueShares Quarterly Bear Hedge ETF is an actively managed fund that aims to provide substantial protection of principal while maintaining the potential to create positive returns in the event of a decline in U.S. equity markets over rolling three-month periods. By combining an investment of substantially all its assets in a portfolio of short-term income-generating debt securities with a modest investment in put options on securities or indexes that are representative of U.S. large capitalization companies, the Fund’s portfolio is expertly positioned to pursue its investment objective. Designed to benefit from meaningful declines in the domestic large cap equity market, the Fund’s investment strategy aims to mitigate equity market risk by limiting it to the purchase price of the put options in the event that they expire worthless. If, however, the value of the large cap equity market falls below the put option’s strike price, the option finishes “in-the-money” and may generate a positive total return.

FUND SUMMARY

About the QBER ETF

Fund Details

Data as of 5/31/2024

Inception Date

June 28, 2024

CUSIP

210322509

Primary Exchange

Cboe BZX

Ticker

QBER

Fund Listing

07/01/2024

IOPV Symbol

N/A

NAV Symbol

QBER.NV

Expense Ratio

0.79%

30 Day SEC Yield

Fund Data & Pricing

Data as of 2024/07/24
Net Assets as of 2024/07/24
$42.84M

NAV

$25.20

Shares Outstanding

1,700,000

Premium/Discount Percentage

0.04%

Closing Price

$25.21

30 Day Median Bid/Ask Spread

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

FUND SUMMARY

About the QBER ETF

Fund Details

Data as of 5/31/2024

Inception Date

June 28, 2024

Fund Listing

07/01/2024

Primary Exchange

Cboe BZX

Ticker

QBER

CUSIP

210322509

IOPV Symbol

N/A

NAV Symbol

QBER.NV

Expense Ratio

0.79%

30 Day SEC Yield

Fund Materials

Fund Materials

Fund Data & Pricing

Data as of 2024/07/24
Net Assets as of 2024/07/24
$42.84M

NAV

$25.20

Shares Outstanding

1,700,000

Premium/Discount Percentage

0.04%

Closing Price

$25.21

30 Day Median Bid/Ask Spread

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Historical NAV Change

Data as of 07/24/2024

Use the slider below to adjust the time period shown in the graph below.

Fund Materials

Fund Data & Pricing

Data as of 2024/07/24
Net Assets as of 2024/07/24
$42.84M

NAV

$25.20

Shares Outstanding

1,700,000

Premium/Discount Percentage

0.04%

Closing Price

$25.21

30 Day Median Bid/Ask Spread

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Outcome Period Values

ETF Starting NAV/Period Return

SPX Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

ETF Starting NAV/Period Return

SPX Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

/0.0%

ETF Starting NAV/Period Return SPX Index Reference Price Downside Buffer Expected Upside Participation Days Remaining
29.24 4796 10 70-72% 362

Outcome Period Values

ETF Starting NAV/Period Return

/0.0%

SP Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

Current Outcome Period Values

Data as of 07/24/2024

ETF Current NAV/Period Return

25.2/

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

Current Outcome Period Values

Data as of 07/24/2024
ETF Current NAV/Period Return SPX Period Return Remaining Buffer Downside Before Buffer Remaining Outcome Period
29.24 4796 10 70-72% 362

ETF Current NAV/Period Return

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

$25.2

Performance

Data as of 6/29/2024

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

Fund NAV

S&P 500

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

Fund NAV

S&P 500
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 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 and are not individually redeemable from the fund.

Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.

Performance

Data as of 6/29/2024
3 Month 6 Month 1 year 5 Year Since Inception
Market Price 8.18 8.31 21.66 21.66
Fund NAV 8.27 8.12 21.66 21.65
S&P 500 10.65 10.91 26.89 26.89

3 Month

6 Month

1 Year

5 Year

Since Inception

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

Fund NAV

S&P 500
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 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 and are not individually redeemable from the fund.

Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.

Distribution Detail

Ex-Date Record Date Payable Date Amount Rate Type
- - - - -

Top 10 Holdings

Data as of 07/25/2024
% of Net Assets 98.21
Name TREASURY BILL B 09/19/24
Ticker 912797KL0
CUSIP 912797KL0
Shares Held 42,433,000
Market Value 42.09M
% of Net Assets 1.72
Name SPY 09/20/24 P521.36
Ticker 4SPY 240920P00521360
CUSIP YP5210920
Shares Held 1,238
Market Value 739,209.80
% of Net Assets 0.07
Name STATE STREET INST U.S. GOVERNMENT MMKT ADMN CLASS
Ticker SALXX
CUSIP 857492656
Shares Held 27,963
Market Value 27,963.60

Top 10 Holdings

Data as of 07/25/2024
% of Net Assets Name Ticker CUSIP Shares Held Market Value
98.21 TREASURY BILL B 09/19/24 912797KL0 912797KL0 42,433,000 42.09M
1.72 SPY 09/20/24 P521.36 4SPY 240920P00521360 YP5210920 1,238 739,209.80
0.07 STATE STREET INST U.S. GOVERNMENT MMKT ADMN CLASS SALXX 857492656 27,963 27,963.60

Keep up with the latest QBER news

    Keep up with the latest QBER ETF news

    Keep up with the latest QBER news