SEPZ

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

SEPZ Fund Description

SEPZ 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.

SEPZ Factset Analytics Insight

SEPZ uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each September. 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.

PERFORMANCE [as of 08/03/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SEPZ 6.37% 2.24% -5.79% 0.13% -- -- --
SEPZ (NAV) 6.07% 2.24% -5.88% -0.03% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 9.09% 0.15% -12.80% -6.23% 14.46% 13.26% 13.92%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SEPZ Summary Data

TrueShares
08/31/20
Open-Ended Fund
0.79%
$24.16M
$50.67K
0.24%

SEPZ Portfolio Data

--
--
--
0.05%
N/A
--

SEPZ Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

SEPZ Portfolio Management

0.79%
--
--
--

SEPZ Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

SEPZ Fund Structure

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

SEPZ Factset Analytics Block Liquidity

As of 08/04/22
5
4
3
2
1

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

SEPZ Tradability

1,799
$50.67K
470
$13.50K
0.24%
$0.07
-0.04%
0.32% / -1.21%
None
--
25,000
0.02
0.03%
--
0
$30.42
N/A

SEPZ Sector/Industry Breakdown


SEPZ
Segment Benchmark
102.09%
--
0.17%
--
-2.26%
--

SEPZ Top 10 Holdings

98.16%
3.18%
0.17%
-0.07%
-1.44%
100.00%

SEPZ Countries


SEPZ
Segment Benchmark
--
99.90%
--
0.10%

SEPZ Regions


SEPZ
Segment Benchmark
--
100.00%

SEPZ Economic Development


SEPZ
Segment Benchmark
--
100.00%

SEPZ Performance Statistics

0.98
0.66
0.64
0.66
0.44%
MSCI USA Large Cap Index

SEPZ Benchmark Comparison Holdings

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SEPZ Benchmark Comparison Summary


SEPZ
Segment Benchmark
--
--
--
--
--
--
--
--
--
--
Low
--

SEPZ Benchmark Comparison Market Cap Size


SEPZ
Segment Benchmark
--
--
--
--
--
--
--
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