Goldman Sachs offers its newest option for downside protection in volatile markets

Goldman Sachs offers its newest option for downside protection in volatile markets


Protect your portfolio from market volatility with these new ETFs

Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil.

Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF.

“I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount of uncertainty right now: Tariffs, the widening out of equity markets away from Mag 7 [and] geopolitical issues,” the Goldman Sachs chief transformation officer told anchor Bob Pisani on CNBC’s “ETF Edge.”

Lake joined Goldman Sachs last summer. According to the firm’s press release, it was for a newly created role aimed at expanding its investment strategies. Previously, Lake headed the global ETF business at JPMorgan Chase

“The buffer products are designed to help protect people to the downside while also allowing them to participate to the upside,” he said. “The way they’re designed, is they’ll protect from down 5% to 15% while still allowing you to participate upwards of 5% to 7%. And, then those reset on a quarterly basis.”

Lake suggests the buffer ETFs use approaches that have strong track records.

“These are… tried and true strategies that have been used by investors for decades now,” he said.

The Goldman Sachs U.S. Large Cap Buffer 3 ETF is down about 3% since it started trading on March 4. The S&P 500 is off almost 4% in the same time frame.



Source

Trump’s war on Biden’s climate policy is creating a new form of EV range anxiety
World

Trump’s war on Biden’s climate policy is creating a new form of EV range anxiety

Frederic J. Brown | Afp | Getty Images Ownership of electric vehicles continues to rise in the U.S., with nearly six million battery electric vehicles and plug-in hybrids currently on the road. Even though that’s still a fraction of the overall market and the growth rate of EV sales has slowed, automakers remain invested in […]

Read More
Live like you’re on ‘The White Lotus’ at this luxury resort—but it will cost you: Take a look inside the experience
World

Live like you’re on ‘The White Lotus’ at this luxury resort—but it will cost you: Take a look inside the experience

The latest installment of HBO’s “The White Lotus” has viewers wishing they were also poolside, soaking in the tropical scenery. In the days before and after the show’s season three premiere, CNBC reported that social media chatter about traveling to Thailand was up 60%. Throughout the show’s run, a Four Seasons property has been the […]

Read More
China’s Xi declines EU invitation to anniversary summit, FT reports
World

China’s Xi declines EU invitation to anniversary summit, FT reports

Chinese President Xi Jinping adjusts his jacket as he listens at the opening session of the National People’s Congress, or NPC, at the Great Hall of the People on March 5, 2025 in Beijing, China.  Kevin Frayer | Getty Images Chinese President Xi Jinping has declined an invitation to visit Brussels for a summit to […]

Read More