EJANInnovator Emerging Markets Power Buffer ETF - January
EJAN Fund Description
EJAN aims for specific buffered losses and capped gains on the MSCI Emerging Markets Index over a specific holdings period. The actively-managed fund holds options and collateral.
EJAN Factset Analytics Insight
EJAN uses options in an effort to moderate losses on the MSCI Emerging Markets Index over a one-year period starting each January. The fund foregoes some upside return as well as the dividend component of the index, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15% of the MSCI Emerging Markets Index’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.
EJAN Portfolio Data
EJAN Index Data
EJAN Portfolio Management
EJAN Tax Exposures
EJAN Fund Structure
EJAN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EJAN. EJAN is rated a N/A out of 5.
EJAN Top 10 Holdings
EJAN Economic Development
EJAN Performance Statistics
EJAN Benchmark Comparison Summary
EJAN Benchmark Comparison Market Cap Size