YJUNFT Cboe Vest International Equity Buffer ETF - June
YJUN Fund Description
YJUN aims for specific buffered losses and capped gains on the EFA ETF over a specific holding period. The actively managed fund holds options and collateral.
YJUN Factset Analytics Insight
YJUN uses flex options in an effort to moderate losses on iShares MSCI EAFE ETF over a one-year period starting each June. The fund uses a slightly different approach than using the MSCI EAFE Index options, what is gained in favorable tax treatment may be lost in higher expense. The fund foregoes some upside return on EFA, in exchange for preventing realization of the first 10% losses. Investors forego upside participation above a certain threshold, which is reset annually. 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 and caps do not include the fund’s expense ratio. The fund is actively managed.
YJUN Summary Data
YJUN Portfolio Data
YJUN Index Data
YJUN Portfolio Management
YJUN Tax Exposures
YJUN Fund Structure
YJUN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of YJUN. YJUN is rated a N/A out of 5.
YJUN Top 10 Holdings
YJUN Performance Statistics
YJUN Benchmark Comparison Summary
YJUN 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.