Marc Rowan, First Republic, Stagflation, and AI (Podcast)
Bloomberg Intelligence
00:00
How to Replace High Yield Bonds With a Buffer ETF
PAPR captures the first 15, give or take 15% of the upside of the S&P 500 ETFs price return with that 15% built in buffer against losses. So instead of the 7% guaranteed return, you're allowed to take part in the upside up to about 15%. Exactly. You get that upside appreciation. And I think part of it is why you're seeing this defined outcome in buffer category, one of the fastest growing categories ofETFs again this year.
Play episode from 36:13
Transcript
