TrueShares Quarterly Bear Hedge ETF (QBER)

The TrueShares Quarterly Bear Hedge ETF is an options-based fund from TrueShares, the ETF brand of TrueMark Investments, listed on Cboe BZX under the ticker QBER.

The fund is designed to benefit from declines in the U.S. equity market, typically the S&P 500, while using options to limit losses if the market rises. Its positions are structured over quarterly periods, with the options reset every three months.

It is intended as a hedging tool that can offset stock market weakness in a portfolio, and is the counterpart to the TrueShares Quarterly Bull Hedge ETF. Precise terms of the option structure are set out in the fund's prospectus.