FJUNFT Cboe Vest U.S. Equity Buffer ETF - June
FJUN Fund Description
FJUN aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral.
FJUN Factset Analytics Insight
FJUN uses options in an effort to moderate losses on an ETF — SPY, over a one-year period starting each June. Using SPY is a slightly different approach than using S&P 500 index flex options, what is gained in favorable tax treatment may be lost in higher expense. The fund foregoes some upside return on SPY, in exchange for preventing realization of the first 10% 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 funds expense ratio. The fund is actively managed and uses flex options exclusively.
FJUN Summary Data
FJUN Portfolio Data
FJUN Index Data
FJUN Portfolio Management
FJUN Tax Exposures
FJUN Fund Structure
FJUN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FJUN. FJUN is rated a N/A out of 5.
FJUN Top 10 Holdings
FJUN Economic Development
FJUN Performance Statistics
FJUN Benchmark Comparison Summary
FJUN Benchmark Comparison Market Cap Size