JULZ is the first of 12 Structured Outcome ETFs to record 3 years of performance
TrueMark Investments, an active ETF issuer, and SpiderRock Advisors, a leading derivatives asset management firm, are thrilled to commemorate the three-year anniversary of its differentiated TrueShares Structured Outcome Series, the industry’s only uncapped buffered ETF series, leading with their Structured Outcome (July) ETF (Ticker: JULZ). This milestone marks a significant achievement in the rapidly growing buffered ETF space, which has become a new asset class of its own, boasting over $24B in assets under management as of June 2023.
The Structured Outcome series has emerged as a trailblazer within the industry, standing as the only uncapped structure in the buffered ETF space. TrueMark Investments & SpiderRock Advisors recognized the need for a buffered investment vehicle that delivers consistent growth potential without limitations, and we believe this ETF has proven to be the ideal solution for investors seeking both protection and uncapped upside potential.
Both firms are proud to highlight the overwhelming success of JULZ as the product has proven its ability to achieve expectations by providing investors with superior risk mitigation during volatile market conditions while simultaneously outperforming similar capped products.
“The three-year anniversary of our JULZ Structured Outcome product is a testament to TrueMark’s commitment to providing investors with strategies that are timely, based on sound investment philosophy, and effectively address a pain point in portfolio construction,” stated Michael Loukas, Principal and CEO of TrueMark Investments. “JULZ has established itself as a pioneering vehicle able to both mitigate drawdowns and thrive during up cycles in the market.”
One of the driving forces behind the product’s success is TrueMark’s strategic partnership with SpiderRock Advisors, a leading asset manager focused on option overlay strategies with over $3.7B in assets under management as of 06/30/23. By harnessing SpiderRock’s expertise and leveraging their capabilities, we believe TrueMark has been able to pioneer the uncapped structure and provide investors with a proven approach that addresses both downside and upside volatility while preserving the growth characteristics of large cap equities.
“We are proud to offer financial advisors a unique take on the buffered approach that can be seamlessly incorporated into their portfolios, providing enhanced diversification and risk management capabilities.” said Eric Metz, President and CEO of SpiderRock. ”We will continue to advance our product development and offerings to remain at the forefront of this growing space by empowering investors with unrivaled tools for capital preservation and a dedicated focus on risk-adjusted returns”.
Financial advisors can integrate JULZ into their investment strategies through use in models, Unified Managed Accounts (UMAs), Separately Managed Accounts (SMAs), or as a complementary addition to existing equity allocations or capped buffered products. JULZ’s versatility allows advisors to tailor portfolios to meet the specific needs of their clients, while benefiting from the unique advantages of the uncapped structure.
JULZ has received a 5-star rating recognition from Morningstar as of June 30, 2023 out of 155 funds in the US Fund options Trading Category, a leading investment research and ratings firm, further solidifying its position as a premier investment solution within the buffered ETF space. JULZ was also rated in the 1st percentile out of 94 funds in its US Fund Options Trading Funds for its 3-year total return.
About TrueMark Investments
TrueMark and its TrueShares ETFs serve investors with investment strategies that deliver true exposure to traditional, thematic, and modern economy asset classes. We pair investment expertise with industry knowledge and experience by partnering with 3rd parties comprised of specialized, highly qualified industry experts to power investment management decisions, all at a price comparable to passive management.
Founded in 2015, SpiderRock Advisors, LLC is a Chicago-based asset management firm focused on providing customized option overlay strategies to investors. SpiderRock Advisors is making it easy for financial advisors and institutions to add option strategies to their portfolios. BlackRock (NYSE:BLK) took a minority investment in July 2021. As of June 30 2023, SpiderRock manages more than $3.7 billion for firms in the RIA, family office, national broker/dealers, and institutional clients. For more information, please visit the SpiderRock Advisors website and follow us on LinkedIn.
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Before investing, carefully consider the TrueShares ETFs investment objectives, risks, charges and expenses. Specific information about TrueShares is contained in the prospectus and a summary prospectus, copies of which may be obtained by visiting www.www.true-shares.com. Read the prospectus carefully before you invest. Foreside Fund Services, LLC.
An investment in TrueShares is subject to numerous risks, including possible loss of principal. The ETFs are subject to the following principal risks: Authorized Participants, Market Makers, and Liquidity Providers Concentration Risk associated with ETFs; Equity Market Risk; Management Risk; Market Capitalization Risk (LargeCap; Mid Cap, Small Cap Stock); Market Risk; New Fund Risk.
Individual investors should contact their financial advisor or broker dealer representative for more information on TrueShares ETFs. Investment Products and Services are: Not FDIC INSURED / May lose value / No bank guarantee
All registered investment companies, including TrueShares, are obliged to distribute portfolio gains to shareholders at year-end regardless of performance. Trading in TrueShares ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. TrueShares ETFs are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
Morningstar rankings are based on a fund’s average annual total return relative to all funds in the same Morningstar category. Fund performance used within the rankings, reflects certain fee waivers, without which, returns and Morningstar rankings would have been lower. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100.
The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
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ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF’s NAV. Brokerage commissions and ETF expenses will reduce returns.
TrueShares ETFs (the “Funds”) are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940 and are distributed by Foreside Funds Services, LLC, member FINRA.
TrueMark Investments, LLC, not an affiliate of Foreside Fund Services, LLC., is the investment advisor to the Funds and receives a fee from the Funds for its services.