PQAP

📎 Investment Objective

The PGIM Nasdaq-100 Buffer 12 ETF - April seeks to provide investors with exposure to the Nasdaq-100 Index while aiming to limit downside risk through a buffer against the first 12% of losses over a one-year period.

✨ Key Features

• Provides exposure to the Nasdaq-100 Index with a 12% buffer against losses over a one-year period
• Resets the buffer annually in April, offering a new one-year period of downside protection
• Designed to limit downside risk while allowing for participation in the upside of the Nasdaq-100 Index
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's value will fluctuate with changes in the Nasdaq-100 Index
• Derivative risk: The options contracts used may not perform as expected, impacting the fund's returns
• Reset risk: The buffer resets annually, so investors may be exposed to losses greater than 12% in the period between resets
• Liquidity risk: The options contracts used may have limited liquidity, affecting the fund's ability to execute trades

👤 Best For

This ETF may be suitable for investors seeking exposure to the Nasdaq-100 Index with a level of downside protection, and who have a medium to long-term investment horizon. Investors should be comfortable with the risks associated with options-based strategies and the potential for volatility in the fund's returns.