TrueShares Structured Outcome ETF (FEBZ)

Overview

This actively-managed ETF is designed with a strategic focus on the S&P 500 Price Index, leveraging options to potentially enhance returns. By employing a meticulous investment strategy that involves both purchasing call options and selling put options on the S&P 500 Price Index or related ETFs, the fund aims to achieve its investment objectives with precision. Its operation is characterized by a cycle of investment and reassessment, initiating with an Initial Investment Day and transitioning on every Roll Date, which marks the expiration of its involved options. This methodical approach allows for a dynamic adjustment to market conditions, aiming to deliver on its investment premise through calculated option strategies.

Products and Services

• Call Option Purchases on the S&P 500 Price Index or ETFs:

  This involves buying call options on the S&P 500 Price Index or ETFs that mirror its performance. A call option gives the fund the right, but not the obligation, to buy the index or ETF at a set price before the option expires. This strategy is utilized with the anticipation that the S&P 500 will rise, aiming to capitalize on upward movements.

• Put Option Sales on the S&P 500 Price Index or ETFs:

  Selling put options on the same index or ETFs is another strategic move. In this case, the fund obliges itself to buy the index or ETF at a predetermined price should the option holder decide to sell. This approach is typically employed with the expectation that the market will not fall below a certain level, hence allowing the fund to earn premiums from the option sales while potentially being a mechanism to acquire the index at a discount if the market dips.