Bufferfund adjusts investment policy as market disruption bites

Since its launch in August 2016, Bufferfund has aimed to outperform its benchmark, the Eurostoxx 50, by investing in (capped) bonus and discount certificates listed on the Frankfurt and Stuttgart exchanges, while at the same time achieving a lower volatility than the index. However, the fund’s objectives took a hit in March when the panic surrounding the Covid-19 pandemic let to an extreme situation on the global financial markets. At one point, the Eurostoxx 50 had dropped 38% and we w