- What does FEBZ invest in?
- The TrueShares Structured Outcome (February) ETF is an actively managed fund designed to fulfill its investment mandate by allocating substantially all of its assets to options contracts tied to the S&P 500 Price Index. Its strategy involves systematically purchasing call options and concurrently selling put options. These derivatives, which are based on either the S&P 500 Index itself or an exchange-traded fund that tracks its performance, are acquired on a specific "Initial Investment Day" and are set to expire on the next designated "Roll Date." Furthermore, the fund is classified as non-diversified.
- What is the expense ratio of FEBZ?
- TrueShares Structured Outcome (February) ETF (FEBZ) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FEBZ?
- TrueShares Structured Outcome (February) ETF (FEBZ) manages $30.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FEBZ actively managed or an index fund?
- FEBZ is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FEBZ's is 0.79%) in exchange for the discretion to over- or under-weight positions.
- When was FEBZ launched?
- TrueShares Structured Outcome (February) ETF (FEBZ) launched in January 2021 and is managed by TrueShares.
- How has FEBZ performed?
- FEBZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
