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IDJNCorgi International Developed Equities 15% Structured Buffer ETF - June Series

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Seeks to provide investors with returns that generally match the price return of the iShares MSCI EAFE ETF, up to the upside cap of [ ]% while providing a buffer against the first 15% of losses.

Annual Cost

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Fund Size

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Return (1Y)Goal

N/A

Track Record

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Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global ex-US

Strategy

Structured outcome

Index tracked

iShares MSCI EAFE ETF.

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide investors with returns that generally match the price return of the iShares MSCI EAFE ETF, up to the upside cap of [ ]% while providing a buffer against the first 15% of losses.
Strategy
Invests primarily in FLEX Options on the iShares MSCI EAFE ETF to provide exposure while seeking a 15% downside buffer and an upside cap. The Fund will invest at least 80% of its net assets in these options, aiming to achieve returns that track the ETF's price return over an approximately one-year Outcome Period. The Cap is determined based on market conditions at the start of each Outcome Period, and the Fund's NAV is expected to reflect the value of its FLEX Options, which may not move in lockstep with the ETF's share price.

Our take

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

Buffer
Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

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 2026-06-06