- What does JUNM invest in?
- The FT Vest U.S. Equity Max Buffer ETF - June (referred to as "the Fund") is designed to provide investors with returns that mirror the price performance of the SPDR S&P 500 ETF (the "Underlying ETF"), up to a predetermined maximum gain. Simultaneously, it strives to offer the greatest possible protection against potential declines in the Underlying ETF, all over an approximate one-year duration known as the "Target Outcome Period." Specifically, for the period spanning from June 23, 2025, to June 18, 2026, the Fund aims to cushion investors from 66.53% of any losses in the Underlying ETF, with an initial ceiling on gains set at 7.00%. However, once the Fund's fees and operational costs are considered, the effective maximum gain becomes 6.15%, and the loss protection is adjusted to 65.68%.
- What is the expense ratio of JUNM?
- FT Vest U.S. Equity Max Buffer ETF - June (JUNM) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is JUNM?
- FT Vest U.S. Equity Max Buffer ETF - June (JUNM) manages $66.7M 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 JUNM actively managed or an index fund?
- JUNM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was JUNM launched?
- FT Vest U.S. Equity Max Buffer ETF - June (JUNM) launched in June 2024 and is managed by First Trust.
- How has JUNM performed?
- JUNM'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.
