The exchange-traded fund (ETF) is designed to deliver steadier exposure for advisers using buffered approaches in long term portfolios.
Alabama-based Aptus Capital Advisors has introduced the Aptus Laddered Buffer ETF (Cboe: ABUF), which carries a total expense ratio of 0.30%. The laddered structure is meant to reduce reliance on specific calendar‑based entry points Aptus stated that the laddered structure is meant to reduce reliance on specific calendar‑based entry points, a feature often cited as a limitation within the buffered ETF category. The fund keeps the risk‑control and tax‑efficient features common to buffered fu