The increasingly popular exchange-traded funds, which use options to protect against losses while capping upside gains.
Market watchers say it’s a sign of growing institutional adoption of the nascent fund strategy, one that could help the ETF industry.
UConn’s endowment returned 12.1% in the most recent fiscal year ended June 30, compared to a 13.5% gain for the Innovator U.S. Equity Power Buffer ETF.
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