FBUF
Fidelity Dynamic Buffered Equity ETF
📎 Investment Objective
The Fidelity Dynamic Buffered Equity ETF (FBUF) seeks to provide investment returns that track the performance of the S&P 500 Index, subject to a buffer against the first 10% of losses in the underlying index.
Overview
ETF tracking Fidelity Dynamic Buffered Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Dynamic Buffered Equity ETF (FBUF) seeks to provide investment returns that track the performance of the S&P 500 Index, subject to a buffer against the first 10% of losses in the underlying index.
🎯 Investment Strategy
FBUF uses a buffered strategy, aiming to provide investors with upside exposure to the S&P 500 Index while limiting downside risk to the first 10% of losses. The fund utilizes a combination of equity securities and options contracts to achieve this objective.
✨ Key Features
- Seeks to track the S&P 500 Index with a 10% buffer against losses
- Utilizes a buffered strategy to limit downside risk while providing upside participation
- Aims to provide a smoother investment experience compared to a direct investment in the S&P 500 Index
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The fund's performance is subject to the overall market conditions and the performance of the S&P 500 Index
- Buffered risk: The 10% buffer against losses may not be sufficient to protect investors from significant market declines
- Derivative risk: The use of options contracts to implement the buffered strategy may introduce additional risks
- Liquidity risk: The fund may experience reduced liquidity, which could impact its ability to execute transactions
👤 Best For
FBUF may be suitable for investors seeking equity market exposure with a level of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon.