TrueShares Structured Outcome (June) ETF

Frequently Asked Questions About JUNZ

What does JUNZ invest in?

This actively managed exchange-traded fund (ETF) is designed to meet its investment goals primarily by committing most of its assets to options whose performance is tied to the S&P 500 Price Index. Its strategy involves purchasing call options and simultaneously selling (or writing) put options. These specific options will reference either the S&P 500 Price Index directly or an ETF that tracks it. This initiation of options positions occurs on each designated "Initial Investment Day," with the options scheduled to expire by the subsequent "Roll Date." It's important to note that this fund maintains a concentrated, non-diversified portfolio.

What is the expense ratio of JUNZ?

TrueShares Structured Outcome (June) ETF (JUNZ) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JUNZ?

TrueShares Structured Outcome (June) ETF (JUNZ) manages $30.2M 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 JUNZ actively managed or an index fund?

JUNZ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JUNZ's is 0.79%) in exchange for the discretion to over- or under-weight positions.

When was JUNZ launched?

TrueShares Structured Outcome (June) ETF (JUNZ) launched in May 2021 and is managed by TrueShares.

How has JUNZ performed?

JUNZ'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.