BUFRFT Cboe Vest Fund of Buffer ETF
BUFR Fund Description
BUFR is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs.
BUFR Factset Analytics Insight
BUFR is a basket of defined outcome buffer ETFs. The fund consists of four equity buffer funds which each has exposure to SPY’s capped gains and 10% buffered losses. BUFR will invest equally in the Underlying ETFs, holding one Underlying ETF with options expiring within three months, a second Underlying ETF with options expiring within six months, a third Underlying ETF with options expiring within nine months and finally a fourth Underlying ETF with options expiring within twelve months. Unlike the monthly equity buffers that reset annually on a specific month, BUFR refreshes quarterly starting February, wherein one of the Underlying ETFs resets its cap and refreshes its buffer. This creates a continuous hedge for BUFR regardless of each Underlying ETFs outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFR’s exposure to the underlying ETFs, remaining cap and buffer is provided daily on the Issuer’s website.
BUFR Summary Data
BUFR Portfolio Data
BUFR Index Data
BUFR Portfolio Management
BUFR Tax Exposures
BUFR Fund Structure
BUFR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BUFR. BUFR is rated a 2 out of 5.
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BUFR Economic Development
BUFR Performance Statistics
BUFR Benchmark Comparison Summary
BUFR Benchmark Comparison Market Cap Size