Each of the structured income funds is linked to an excess return index on the S&P 500 with different volatility target and decrement levels.
Chicago-headquartered TrueMark Investments has launched two autocallable exchange-traded funds (ETFs) to its lineup through its actively managed ETF arm TrueShares. Listed on Cboe BZX Exchange , the ETFs are the TrueShares S&P Autocallable High Income ETF (PAYH) and the TrueShares S&P Autocallable Defensive Income ETF (PAYM). PAYH is designed for investors seeking high, stable monthly income by linking its distributions to the performance of the S&P 500 Futures 35% Intraday VT