TrueShares Structured Outcome (December) ETF (DECZ)

The TrueShares Structured Outcome (December) ETF, with the ticker symbol DECZ, is an exchange-traded fund that seeks to provide investors with returns that are similar to those of the S&P 500 Index, with a level of downside protection. It is designed to track the S&P 500 Price Index, and it seeks to provide investors with exposure to the equity market while reducing downside risk.

DECZ uses an options-based strategy to achieve its objectives. The fund invests in a diversified portfolio of U.S. Treasury securities and sells options on the S&P 500 Index. These options generate premium income that can be used to purchase additional Treasuries, which increases the downside protection.

The downside protection offered by DECZ is limited, as it is designed to provide a buffer against the first 15% of losses in the S&P 500 Index during the month of December. This means that if the S&P 500 Index falls by more than 15%, investors will experience losses that are greater than those of the index.

Overall, DECZ may be suitable for investors who are seeking exposure to the equity market but are concerned about potential downside risk.