TrueShares S&P Hedged Structured Income High ETF

TrueShares S&P Hedged Structured Income High ETF is an exchange-traded fund designed to generate high monthly income while reducing downside risk through a sophisticated autocallable strategy. It primarily invests at least 80% of its assets in U.S. Treasuries, cash equivalents, and unfunded total return swaps referencing a dynamically managed portfolio of synthetic autocallable exposures. The fund links its performance to the S&P 500 Futures 35% Intraday Volatility Target Index, which employs an intraday rebalance strategy based on volume-weighted average prices to target 35% volatility, potentially leveraging up to four times with a 4% annual decrement factor. Managed by TrueMark Investments with a hedge overlay from Morgan Stanley, it offers higher income potential with corresponding volatility exposure, distinguishing it from more defensive counterparts. This ETF provides daily liquidity, full transparency, and accessibility to structured income strategies typically reserved for complex instruments, aiding portfolio diversification, risk mitigation, and income objectives in equity markets. As a newer fund, it carries risks including derivatives exposure, counterparty issues, and potential principal loss beyond targeted protections.