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EMJLCorgi Emerging Markets Equities 15% Structured Buffer ETF - July Series

Seeks to provide returns that match the price return of the iShares MSCI Emerging Markets ETF, up to a 15% buffer against losses.

Annual Cost

Fund Size

Return (1Y)Goal

N/A

Track Record

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the price return of the iShares MSCI Emerging Markets ETF, up to a 15% buffer against losses.
Strategy
Invests at least 80% of net assets in FLEX Options on the iShares MSCI Emerging Markets ETF to provide returns that match its price return, with a 15% downside buffer. The Fund's strategy is structured around an Outcome Period framework, resetting annually with a new upside cap based on market conditions.

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-07-04