Reported 12 months ago
BlackRock Inc. has introduced the iShares Large Cap Max Buffer Jun ETF, offering investors a way to benefit from the stock market rally with a 100% hedge against downside risks. The ETF, set to trade under the ticker MAXJ, provides upside exposure to the S&P 500 with a cap of around 10.6% and hedges all downside movements over a 12-month period. Such buffer ETFs have been gaining popularity among investors seeking to participate in the stock market's growth while safeguarding against potential market downturns.
Source: YAHOO