Skip to content

MJUNPacer Swan SOS Moderate (June) ETF

Seeks to provide returns matching the SPDR S&P 500 ETF Trust up to a 0.75% upside cap while providing a buffer against the first 15% of losses.

Annual Cost

Fund Size

Return (1Y)Goal

N/A

Track Record

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns matching the SPDR S&P 500 ETF Trust up to a 0.75% upside cap while providing a buffer against the first 15% of losses.
Strategy
Actively managed ETF investing substantially all assets in FLEX Options referencing the SPDR S&P 500 ETF Trust. Provides a buffer against the first 15% of losses and caps returns at 0.75%.

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

What's next?

You've reviewed MJUN. Save it to your watchlist to track it alongside the other funds you're weighing.

Data updated on 2026-06-15