Defined outcome
Also written buffer ETF.
Definition
A fund built from options to deliver a set range of returns over a set period, for example gains up to a cap with the first 10% of losses absorbed. The range holds only for an investor who buys on the first day of the period and holds to its end.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.