KJULInnovator U.S. Small Cap Power Buffer ETF - July
KJUL Fund Description
KJUL 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.
KJUL Factset Analytics Insight
KJUL uses options in an effort to moderate losses on the Russell 2000 over a one-year period starting each July. 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.
KJUL Portfolio Data
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KJUL Portfolio Management
KJUL Tax Exposures
KJUL Fund Structure
KJUL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KJUL. KJUL is rated a N/A out of 5.
KJUL Top 10 Holdings
KJUL Economic Development
KJUL Performance Statistics
KJUL Benchmark Comparison Summary
KJUL Benchmark Comparison Market Cap Size