FT Cboe Vest Fund of Deep Buffer ETFs (BUFD)

defined-outcome fund-of-funds risk-management

BUFD provides a 'fund of funds' approach to defined outcome investing, holding other ETFs that offer buffers against market losses. It aims to provide a cushion against the first 25-30% of market declines over a one-year period. This strategy may attract investors seeking a diversified approach to downside protection.