MAYZTrueShares Structured Outcome ETF - May
MAYZ Fund Description
MAYZ 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.
MAYZ Factset Analytics Insight
MAYZ uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each May. 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 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.
MAYZ Summary Data
MAYZ Portfolio Data
MAYZ Index Data
MAYZ Portfolio Management
MAYZ Tax Exposures
MAYZ Fund Structure
MAYZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MAYZ. MAYZ is rated a N/A out of 5.
MAYZ Top 10 Holdings
MAYZ Economic Development
MAYZ Performance Statistics
MAYZ Benchmark Comparison Summary
MAYZ 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.