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