PMFB

📎 Investment Objective

The PGIM S&P 500 Max Buffer ETF - February seeks to provide investors with a buffer against losses in the S&P 500 Index up to a certain level, while also providing upside exposure to the index's performance.

✨ Key Features

• Seeks to provide a buffer against the first 10-15% of losses in the S&P 500 Index
• Provides upside exposure to the S&P 500 Index's performance
• Resets the buffer and upside exposure annually in February
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The ETF's performance is tied to the S&P 500 Index, and it is subject to the same market fluctuations and volatility as the underlying index.
• Buffered loss risk: While the ETF provides a buffer against the first 10-15% of losses, investors may still experience losses beyond that level.
• Opportunity cost risk: The buffer and upside exposure reset annually, which means investors may miss out on potential gains if the market performs well in the interim.
• Liquidity risk: As a new ETF with low assets under management, it may have lower trading volume and liquidity compared to more established funds.

👤 Best For

The PGIM S&P 500 Max Buffer ETF - February may be suitable for investors who are seeking exposure to the S&P 500 Index with a level of downside protection, and who have a medium-term investment horizon. It may be particularly appealing to investors who are concerned about market volatility and want to limit their potential losses, while still participating in a portion of the index's upside.