NVMZ

TrueShares Structured Outcome ETF - November
*Unless otherwise stated, data provided by FactSet.

NVMZ Fund Description

NOVZ 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.

NVMZ Factset Analytics Insight

NOVZ uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each November. 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 500s 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 funds expense ratio. The fund is actively managed, resets annually and will utilize both FLEX and listed options. Prior to August 9, 2021 the fund traded under the ticker NVMZ.

PERFORMANCE [as of 08/06/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
NVMZ 1.78% 4.58% 14.66% -- -- -- --
NVMZ (NAV) 1.78% 4.71% 14.84% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 2.26% 6.88% 18.68% 34.60% 19.11% 18.24% 16.70%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NVMZ Summary Data

TrueShares
11/02/20
Open-Ended Fund
0.79%
$3.17M
$8.89K
0.39%
N/A

NVMZ Portfolio Data

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N/A
0

NVMZ Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

NVMZ Portfolio Management

0.79%
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NVMZ Tax Exposures

20.00% / 39.60%
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Ordinary income
No

NVMZ Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
High
Daily

NVMZ Factset Analytics Block Liquidity

As of 08/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of NVMZ. NVMZ is rated a N/A out of 5.

NVMZ Tradability

288
$8.89K
0
0
0.39%
$0.12
-0.19%
0.21% / -0.54%
None
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25,000
0
0.03%
--
0
$31.73
N/A

NVMZ Performance Statistics

0.96
0.78
0.75
0.79
0.25%
MSCI USA Large Cap Index

NVMZ Benchmark Comparison Holdings

0
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NVMZ Benchmark Comparison Summary


NVMZ
Segment Benchmark
0
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NVMZ Benchmark Comparison Market Cap Size


NVMZ
Segment Benchmark
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