EJULInnovator MSCI Emerging Markets Power Buffer ETF - July
EJUL Fund Description
EJUL 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.
EJUL Factset Analytics Insight
EJUL uses options in an effort to moderate losses on the MSCI Emerging Markets Index over a one-year period starting each July. 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.
EJUL Portfolio Data
EJUL Index Data
EJUL Portfolio Management
EJUL Tax Exposures
EJUL Fund Structure
EJUL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EJUL. EJUL is rated a N/A out of 5.
EJUL Top 10 Holdings
EJUL Economic Development
EJUL Performance Statistics
EJUL Benchmark Comparison Summary
EJUL Benchmark Comparison Market Cap Size