IJANInnovator MSCI EAFE Power Buffer ETF - January
IJAN Fund Description
IJAN aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral.
IJAN Factset Analytics Insight
IJAN uses options in an effort to moderate losses on the MSCI EAFE 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 EAFE 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.
IJAN Summary Data
IJAN Portfolio Data
IJAN Index Data
IJAN Portfolio Management
IJAN Tax Exposures
IJAN Fund Structure
IJAN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IJAN. IJAN is rated a N/A out of 5.
IJAN Top 10 Holdings
IJAN Performance Statistics
IJAN Benchmark Comparison Summary
IJAN Benchmark Comparison Market Cap Size