Prudential's (PRU) Asset Management Arm Unveils New Buffer ETFs

Prudential Financial Inc.’s (PRU) asset management arm, PGIM, recently launched two buffer ETF series, namely PGIM U.S. Large-Cap Buffer 12 ETF and PGIM U.S. Large-Cap Buffer 20 ETF. Buffer ETF is a revolutionary product line aiming to provide limited downside risk to investors amid market uncertainty. This new product will enhance PGIM’s offerings and help it cater to the evolving needs of investors. These ETFs will be sub-advised by PGIM Quantitative Solutions.The launch of these 2 ETF series bodes well f ...