PSMD stock forecast, quote, news & analysis

The investment seeks to provide investors with returns that, before fees and expenses of the fund, match those of the SPDR®S&P 500®ETF Trust up to a predetermined upside cap of13.65% (before fees and expenses of the fund) and 12.90% (after fees and expenses of the fund), while providing a buffer against the first 15% of Underlying ETF losses, over the period from January 2, 2024 to December 31, 2024. The fund is an actively managed ETF that, under normal market conditions, invests substantially all of its assets in FLexible EXchange® Options that reference the market price of the SPDR® S&P 500® ETF Trust. It is non-diversified.