FMP
Metaurus U.S. Equity Ex-Dividend Fund-Series 2027
XDIV
AMEX
Inactive Equity
The manager intends to replicate the returns of SPY through owning long positions in quarterly S&P 500 Index futures contracts traded on the CME rather than shares of SPY. Additionally, the manager intends to track the performance of the Metaurus Ex-Dividend Index by selling annual S&P 500 Dividend Futures Contracts out to the maturity date of the fund.
105.73 USD
0.4923 (0.466%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)
