TrueShares Structured Outcome (August) ETF
AUGZ
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 402 W. Broadway, Suite 400 San Diego CA United States of America 92101
- IPO Date
- Aug 3, 2020
- Website
- true-shares.com
- Similar Companies
- Business
- TrueShares Structured Outcome (August) ETF (AUGZ) is an actively managed exchange-traded fund that employs a buffer protect options strategy to provide investors with returns tracking the S&P 500 Price Index, while targeting a 10% downside buffer on the index's first losses over a one-year outcome period ending each August; the fund purchases call options and sells put options on the S&P 500 Price Index or corresponding ETFs, utilizing both standardized exchange-listed options and FLEX Options traded on the Cboe, supplemented by investments in U.S. Treasury bills and money market funds for collateral. AUGZ offers daily liquidity, portfolio transparency, and cost efficiency without the credit risk associated with structured notes, delivering uncapped upside participation subject to options pricing dynamics and an expense ratio of 0.79%; it forms part of TrueShares' broader Structured Outcome ETF series, which includes similarly structured funds aligned to different months. Launched on July 31, 2020, and listed on the Cboe BZX Exchange the following day, the ETF operates within the defined outcome segment of the equity ETF market, targeting retail and institutional investors seeking equity exposure with risk mitigation. TrueShares ETFs, the fund family managed by TrueMark Investments, is headquartered in Chicago, Illinois, with geographic operations focused on the United States. In August 2025, TrueMark Investments, through TrueShares, completed the conversion of RiverNorth's 5-Star rated Core Opportunity mutual fund into the RiverNorth Active Income ETF (CEFZ), marking its first such mutual fund-to-ETF transition and expanding its lineup of over 25 actively managed ETFs with sub-advisory partnerships; the firm, founded in 2019, continues to grow assets under management beyond $1 billion as of mid-2025 through strategic collaborations like this with RiverNorth Investments.