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Buffer fund ETFs, also known as 'Defined Outcome' ETFs, offer investors a combination of upside potential and downside protection. These ETFs aim to provide a buffered return by using derivatives to limit losses. The 'buffer' mechanism aims to shield investors from market downturns. Recently, 'buffer' ETFs have experienced rapid growth, attracting attention from experts like BlackRock's Cohen. However, investors should weigh the pros and cons of these ETFs before investing.

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