BUFD FT Cboe Vest Fund of Deep Buffer ETFs
What is BUFD?
BUFD is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs.
BUFD Factset Analytics Insight
BUFD is a basket of defined outcome buffer ETFs. The fund consists of four equity buffer funds, each of which has exposure to SPY’s capped gains and 5%-30% buffered losses. BUFD will invest equally in the underlying ETFs, holding one ETF with options expiring within three months, a second ETF with options expiring within six months, a third ETF with options expiring within nine months, and finally a fourth ETF with options expiring within 12 months. Unlike the monthly equity buffers that reset annually on a specific month, BUFD refreshes quarterly, starting February as one of the underlying ETFs resets its cap and refreshes its buffer. This creates a continuous hedge for BUFD regardless of each underlying ETF’s outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFD’s exposure to the underlying ETFs, remaining cap and buffer is provided daily on the issuer’s website.
BUFD Summary Data
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BUFD Portfolio Management
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BUFD Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BUFD. BUFD is rated a N/A out of 5.
BUFD Sector/Industry Breakdown
BUFD Top 10 Holdings
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BUFD Benchmark Comparison Summary
BUFD Benchmark Comparison Market Cap Size