TrueShares Structured Outcome (November) ETF (NVMZ)
TrueShares Structured Outcome (November) ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $31.63, up 0.00% on the session, giving a market capitalisation of $3.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
The TrueShares Structured Outcome (November) ETF (NVMZ) is designed to replicate the returns of the S&P 500 Price Index. Over a twelve-month cycle, it also endeavors to shield investors from the first 8% to 12% of any S&P 500 losses. This actively managed ETF pursues its investment goals by primarily deploying its capital into an options strategy. It systematically acquires call options and sells (writes) put options. These options are linked to either the S&P 500 Price Index itself or an ETF that tracks the S&P 500. Such option contracts are typically established on an "Initial Investment Day" and are set to mature on a subsequent "Roll Date." It is important to note that the fund maintains a non-diversified portfolio.
TrueShares Structured Outcome (November) ETF is most often compared with the following Financial Services names: