TrueShares Seasonality Laddered Buffered ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 15 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About ONEZ
TheFund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by using afund-of-funds approach. The Fund’s investment adviser, TrueMark Investments, LLC, invests in a portfolio of ETFs with returns(before fees and expenses) linked to a broad-based securities market price index representing 500 U.S. predominantly large capitalizationcompanies (the “Index”) and ETFs with an investment strategy significantly exposed to securities or indexes that arerepresentative of U.S. large capitalization companies. The Fund defines large-capitalization companies as those with market capitalizationsabove $10 billion at the time of investment. As of November 29, 2024, a significant portion of the Index is represented by securitiesof companies in the technology sector. The components of the Index are likely to change over time. The Index-linked ETFs employa buffered strategy and the other ETFs employ a general hedging strategy. Bufferedrefers to a strategy that uses options to seek to mitigate losses. The Buffered ETFs (defined below) selected by the adviser employ a“buffer protect” options strategy that uses options on the Index or an ETF that seeks to track the performance of the Indexto seek to achieve exposure to the upside performance of the Index over a 12-month period (an “Investment Period”) (beforefees and expenses) while seeking to protect against the first 8% to 12% of Index losses (before fees and expenses) over the durationof the Investment Period. However, the Buffered ETFs will bear all Index losses exceeding their respective buffer. The buffer is designedto provide the stated protection only if shares of a Buffered ETF are purchased on the first day of an Investment Period (an “InitialInvestment Day”) and held until the last day of the Investment Period. The Buffered ETFs’ performance during an InvestmentPeriod may not provide the protection of the buffer. At the conclusion of each one-year Investment Period, a new one-year InvestmentPeriod begins and the buffer is reset. Due to the fees and expenses of the Buffered ETFs, and partially due to the cost of the optionsused by the Buffered ETFs, a Buffered ETF’s performance is expected to be less than that of the Index, and could be substantiallyless. Each Buffered ETF also invests in U.S. Treasury bills or money market funds that invest in U.S. Treasury bills, which contributesincome and partial principal protection to each Buffered ETF’s return profile. Unlike the Buffered ETFs, the Fund itself doesnot pursue a buffered strategy. The buffer is only provided by the Buffered ETFs and the Fund itself does not provide any stated bufferagainst losses. Ladderedin the Fund’s name refers to the adviser’s selection of a portfolio of the Buffered ETFs that, in total, representa reset in each of the 12 months, January through December. The adviser believes this time ladder approach will help reduce therisk of single-month unfavorable outcomes. It creates diversification of investment time periods compared to the risk of acquiringor disposing of any one Buffered ETF at any one time, which mitigates the risk of failing to benefit from the buffer of a singleBuffered ETF due to the timing of investment in such Buffered ETF. Depending on when the Fund acquires shares of a Buffered ETF,even with a laddered approach, the buffer of a Buffered ETF may be exhausted and the Fund may receive no benefit from the bufferunless the Fund acquires shares of the Buffered ETF on an Initial Investment Day. The Fund does not typically buy shares on theInitial Investment Day nor sell shares at the end of an Investment Period. Because of the timing of the Fund’s purchasesand sales of the Buffered ETFs, the Fund will likely not receive the full benefit of the Buffered ETFs’ buffers. TheHedged ETFs (the TrueShares Quarterly Bull Hedge ETF (the “Bull ETF”) and the TrueShares Quarterly Bear Hedge ETF(the “Bear ETF”)) selected by the adviser employ a more general hedging strategy to protect against market losses,typically over rolling three-month periods. The Bull ETF aims to provide the benefits of partial equity exposure while mitigatingthe risk posed by a decline in U.S. equity markets and the Bear ETF aims to provide substantial protection of principal and generationof interest income while maintaining the potential to create positive returns in the event of a decline in U.S. equity markets.Each Hedged ETF seeks to achieve its goals by investing substantially all its assets in a portfolio of high quality short-termfixed-income income debt securities. The Hedged ETFs anticipate a typical maturity of three months for their income portfoliobut may invest in securities with a duration of one-year or less. The Hedged ETFs also invest without restriction as to issuertype but anticipate investing primarily in securities of the U.S. Government, its agencies, instrumentalities and sponsored enterprises;fixed-income ETFs; and corporations. The Bull ETF combines this income component with a modest investment in call options on securitiesor indexes that are representative of U.S. large capitalization companies, whereas the Bear ETF combines the income componentwith a modest investment in put options on securities or indexes that are representative of U.S. large capitalization companies.The Hedged ETFs are designed to provide protection of at least 98% of principal on a quarter-to-quarter basis. The Hedged ETFsand Buffered ETFs are each an “Underlying ETF.” Theadviser adjusts the Fund’s portfolio monthly based upon its proprietary historical seasonality ratings scale, which incorporatesthe historical monthly performance tendencies of U.S. large cap equities beginning in 1927. This rating scale assigns each monthan expected performance rank from 1 to 12. Based on a month’s expected performance, the adviser will adjust the Fund’sportfolio among the 14 constituent Underlying ETFs. The adviser considers the amount of equity upside each Underlying ETF is expectedto capture in an attempt to optimize the expected gains of the Fund’s portfolio as a whole. For example, an Underlying ETFthat had its buffer set when U.S. large cap equity prices were higher, would tend to rise less than U.S. large cap equity pricesin general. That is, it would have less than one-for-one “upside sensitivity” to U.S. large cap equity prices. Eachmonth, the adviser evaluates the upside sensitivity of each Underlying ETF and maximizes exposure for months with the highestexpected performance rank, subject to certain minimum and maximum limits on each Underlying ETF. The Fund invests between 4.0%and 12.5% in each Buffered ETF and between 2.5% and 11.25% in each Hedged ETF. The Fund intends only to acquire shares of UnderlyingETFs in the secondary market. Undernormal market conditions, the adviser anticipates that the Fund will invest 85-90% of its assets in the Buffered ETFs and 10-15%of its assets in the Hedged ETFs. The adviser believes that the Fund’s link to the Index will support the capital appreciationaspect of the Fund’s investment objective in rising markets, while the buffered and hedged dimension will support the lowervolatility aspect of the Fund’s investment objective. Thebuffered ETFs in which the Fund typically invests are the TrueShares Structured Outcome (January) ETF, TrueShares Structured Outcome(February) ETF, TrueShares Structured Outcome (March) ETF, TrueShares Structured Outcome (April) ETF, TrueShares Structured Outcome(May) ETF, TrueShares Structured Outcome (June) ETF, TrueShares Structured Outcome (July) ETF, TrueShares Structured Outcome (August)ETF, TrueShares Structured Outcome (September) ETF, TrueShares Structured Outcome (October) ETF, TrueShares Structured Outcome(November) ETF, and TrueShares Structured Outcome (December) ETF (each a “Buffered ETF” and collectively, the “BufferedETFs”). The hedging ETFs in which the Fund invests are the Bull ETF and the Bear ETF (collectively, the “Hedged ETFs”).The adviser to the Fund also serves as the investment adviser to the Buffered ETFs and Hedged ETFs. TheFund is classified as a “non-diversified” investment company under the Investment Company Act of 1940, as amended,which means that the Fund may invest a higher percentage of its assets in a fewer number of issuers than is permissible for a“diversified” fund. TheFund may engage in frequent trading of the Underlying ETFs’ shares.
ONEZ News
Data for ONEZ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.