Key stats
About SHL Telemedicine Ltd FT Vest U.S. Equity Max Buffer ETF - June
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Inception date
Jun 21, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
JUNM uses FLEX options to match the price returns of SPDR S&P 500 ETF Trust (SPY), up to a predetermined upside cap of at least 7%, while seeking to provide the maximum available buffer of 100% over a one year period starting in June, each year. The expected range of the buffer for future periods is between 20% and 100%. At the end of the target outcome period, the upside cap and downside buffer for the new target outcome period are reset to prevailing market conditions. If the fund is not able to set the maximum buffer against 100% of the losses, then it would seek to adjust the cap. Likewise, if the fund cannot set a cap of at least 7%, then it would seek to adjust the maximum buffer instead. To achieve the target outcomes sought by the fund for a target outcome period, an investor must hold fund shares for that entire target outcome period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.89%
Cash0.11%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JUNM assets under management is 116.18 M USD. It's fallen 1.32% over the last month.
JUNM fund flows account for 52.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, JUNM doesn't pay dividends to its holders.
JUNM shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Jun 21, 2024, and its management style is Active.
JUNM expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
JUNM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JUNM invests in cash.
JUNM price has risen by 1.51% over the last month, and its yearly performance shows a 7.38% increase. See more dynamics on JUNM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.10% over the last month, showed a 3.81% increase in three-month performance and has increased by 3.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.10% over the last month, showed a 3.81% increase in three-month performance and has increased by 3.17% in a year.
JUNM trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.