The fund is designed to provide investors with exposure to the potential upside of the US equity market, up to a predetermined cap, with a built-in buffer against initial losses over an annual outcome period.

  VanEck has launched the  VanEck U.S. Equity Buffer ETF (JULV) . The fund, the first in a planned suite of defined outcome ETFs, is designed to deliver a known range of potential results, a buffer on the downside and a cap on the upside, for investors who hold shares for the full outcome period. Remaining invested in periods of heightened volatility and uncertainty is easier said than done -  Ed Lopez, VanEck The actively managed ETF is sub-advised by Lido Advisors, an