SEPZTrueShares Structured Outcome ETF - September
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.
SEPZ Summary Data
SEPZ Portfolio Data
SEPZ Index Data
SEPZ Portfolio Management
SEPZ Tax Exposures
SEPZ Fund Structure
SEPZ Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
SEPZ Top 10 Holdings
SEPZ Economic Development
SEPZ Performance Statistics
SEPZ Benchmark Comparison Summary
SEPZ Benchmark Comparison Market Cap Size