MARZ TrueShares Structured Outcome ETF - March
MARZ Fund Description
MARZ aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively-managed fund holds options and collateral.
MARZ Factset Analytics Insight
MARZ uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each March. 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. While aiming to prevent realization of the first 8-12% of the S&P 500's losses, the fund also allows for uncapped upside participation (less the cost options), making it unique from other buffer ETFs with a stated cap on potential gains. 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 do not include the fund’s expense ratio. The fund is actively managed, resets annually and will utilize both FLEX and listed options.
MARZ Summary Data
MARZ Portfolio Data
MARZ Index Data
MARZ Portfolio Management
MARZ Tax Exposures
MARZ Fund Structure
MARZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MARZ. MARZ is rated a N/A out of 5.
MARZ Sector/Industry Breakdown
MARZ Top 10 Holdings
MARZ Performance Statistics
MARZ Benchmark Comparison Summary
MARZ Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.