(Telestock) – BlackRockthe world’s largest asset manager, has expanded its active ETF platform with a series of buffer ETFs that aim to provide investors with exposure to equity growth potential while seeking to maximize downside protection. The first in the series, theiShares Large Cap Max Buffer ETF Jun (Cboe: MAXJ), launched today, making it the most affordable max buffer ETF targeting a downside protection up to 100% on the market.
Using a combination of optionsthe iShares Large Cap Max Buffer ETF seeks to track the share price performance of the underlying ETF, the iShares Core S&P 500 ETF, up to a certain upside cap, while seeking to provide a buffer of up to 100% against losses for each applicable coverage period.
“With record levels of liquidity on the sidelines, many investors are looking for tools that help them overcome market volatility before re-entering the market – said Rachel Aguirre, Head of US iShares Product at BlackRock – iShares Max Buffer ETFs simplify access to traditional institutional risk management strategies in the convenience of the ETF wrapper, providing investors with resilient portfolio tools to help them stay invested in any market cycle”.