An Advisors’ Guide to Buffered/Defined Outcome ETFs
Debbie Carlson • May 10, 2021
Mark Andraos, Associate Portfolio Manager at Regency Wealth Management, cautions against thinking of buffered ETFs as a 1-to-1 bond replacement.
“It might exhibit similar risk or characteristics (to something bond-like), but the underlying positions themselves are not bonds. I would caution advisors who would think that this is a bond portfolio. It’s a low beta S&P 500. That’s probably how I would better describe it,” he says.