BAUGInnovator U.S. Equity Buffer ETF - August
BAUG Fund Description
BAUG aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.
BAUG Factset Analytics Insight
BAUG uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each August. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 9% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
BAUG Summary Data
BAUG Portfolio Data
BAUG Index Data
BAUG Portfolio Management
BAUG Tax Exposures
BAUG Fund Structure
BAUG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BAUG. BAUG is rated a N/A out of 5.
BAUG Top 10 Holdings
BAUG Economic Development
BAUG Performance Statistics
BAUG Benchmark Comparison Summary
BAUG Benchmark Comparison Market Cap Size