JULT
This ETF is designed to replicate the share price performance of the SPDR S&P 500 ETF Trust (the reference ETF) over a specific investment horizon. It provides exposure to the reference ETF's positive returns, up to a predefined maximum gain. Concurrently, it offers protection against the first 10% of any losses experienced by the reference ETF. Both the cap on potential gains and the downside protection buffer are calculated after deducting all management fees and other operational expenses of the fund.