Reported about 10 hours ago
Cathie Wood's Ark Investment Management is introducing four new buffer ETFs aimed at limiting equity losses for investors while still allowing for some upside potential. This move comes as Ark's tech funds have experienced significant asset outflows over the past year, despite positive market performance. The proposed funds are designed to cushion losses by capping them at 50% and allowing for gains above a 5% threshold. This reflects a growing trend in the investment sector toward products that provide greater downside protection in uncertain markets.
Source: YAHOO