PQOC

📎 Investment Objective

The PGIM Nasdaq-100 Buffer 12 ETF - October seeks to provide investors with a buffer against the first 12% of losses in the Nasdaq-100 Index over a one-year period, while also providing upside exposure to the index's performance.

✨ Key Features

• Seeks to provide a 12% buffer against losses in the Nasdaq-100 Index over a one-year period
• Offers upside exposure to the Nasdaq-100 Index up to a cap
• Resets the buffer and cap annually in October
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The ETF's performance is tied to the Nasdaq-100 Index, and it will be subject to the same market fluctuations
• Capped upside potential: The fund's upside exposure is limited by the annual cap, which may be lower than the full index performance
• Counterparty risk: The fund's options contracts expose it to the risk of a counterparty defaulting
• Liquidity risk: The ETF may have limited trading volume, which could affect its ability to be bought or sold at desired prices

👤 Best For

The PGIM Nasdaq-100 Buffer 12 ETF - October 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. It may be particularly appealing to investors who are concerned about potential market volatility and want to limit their downside risk, while still participating in some of the upside potential of the Nasdaq-100 Index.