TrueShares Structured Outcome (August) ETF

AUGZ is a US Equities ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing substantially all of its assets in options that reference the S&P 500 Price Index. Fund will employ a buffer protect options strategy that uses such options to seek to achieve exposure to the S&P 500 Price Index while mitigating the first 8% to 12% decline in the S&P 500 Price Index (the Buffer ) over a 12-month period beginning on a specified day each August (each, a Roll Date ). The period from one Roll Date to the next Roll Date is referred to as the Investment Period, and the first day of the Investment Period is referred to as the Initial Investment Day ).

AUGZ tracks the S&P 500 Index.

No, AUGZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, AUGZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AUGZ is -0.0046%. This is the percent change in the value of AUGZ over the most recent 1-month period. The 3-month return on AUGZ is 0.0042%. This is the percent change in the value of AUGZ over the most recent 3-month period.

The standard deviation of AUGZ for the past year is 0.1175%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AUGZ include UAPR, UAUG, and ACIO.

ETFs correlated to AUGZ include DECZ, PBUS, and SPUU.

ETFs that are inversely correlated to AUGZ include SDS, SPDN, and SPXS.