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New Stock ETFs Offering '100%' Downside Protection Are Coming
- deleted 3y ago[deleted]
- Bostonian 3y agoIf you are afraid to have 100% of your portfolio in the S&P 500, the simplest and cheapest thing to do is to put some of your assets in money-market funds and bonds. Avoid fee-laden products such as the one below. 'The first fund launching within the suite is the Calamos S&P 500 Structured Alt Protection ETF, which aims to match the price return of the SPDR S&P 500 ETF Trust (ticker SPY) up to a cap of 9.65%. The catch: Investors looking to reap the full protection will need to buy it on launch day — May 1, 2024 — and hold it, come rain or shine, through April 30, 2025. After that, a new defined period of cover kicks in.'
- richrichie 3y agoAlso retail investors these days can easily trade options themselves at near zero fees.