The funds track the S&P 500 index and have one-year outcome period.
American asset manager BlackRock has further diversified its exchange-traded fund (ETF) portfolio with the launch of two funds. The outcome period for both the actively managed funds is one-year from1 January to 31 December The funds include the iShares US Large Cap Max Buffer Dec Ucits ETF (MAXD) and the iShares US Large Cap Moderate Buffer Dec Ucits ETF (TEND). MAXD seeks to reflect the price return of US large-cap equities represented by the reference index (S&P 500) up to a pre-dete