Goldman Sachs rolls out suite of downside protection ETFs as market volatility picks up
Publishing timestamp: 2025-03-04 14:26:48
Summary
Goldman Sachs Asset Management has launched a new buffer exchange-traded fund, the Goldman Sachs U.S. Large Cap Buffer 3 ETF (GBXC), which offers downside protection in exchange for limited upside. The fund resets quarterly and aims to provide a "sweet spot" of protection against losses of 5% to 15% in the market. Other key players in the buffer fund space include Innovator, First Trust, and Allianz. The new Goldman Sachs fund has a 0.50% fee, making it cheaper than many competitors. With market volatility on the rise, buffer funds are gaining popularity among investors seeking protection in uncertain times.
Sentiment: NEUTRAL
Keywords: s&p 500 index, business news, investment strategy, goldman sachs group inc, regwall-pro, markets, spdr russell 1000 etf,