KJANInnovator U.S. Small Cap Power Buffer ETF - January
KJAN Fund Description
KJAN aims for specific buffered losses and capped gains on the Russell 2000 over a specific holdings period. The actively-managed fund holds options and collateral.
KJAN Factset Analytics Insight
KJAN uses options in an effort to moderate losses on the Russell 2000 over a one-year period starting each January. The fund foregoes some upside return as well as any dividend component, 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 Russell 2000’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.
KJAN Summary Data
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KJAN Portfolio Management
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KJAN Fund Structure
KJAN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KJAN. KJAN is rated a N/A out of 5.
KJAN Top 10 Holdings
KJAN Economic Development
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KJAN Benchmark Comparison Summary
KJAN Benchmark Comparison Market Cap Size