### Any thoughts about defined outcome ETFs?

Posted:

**Tue Dec 04, 2018 3:01 pm**Any thoughts about so-called Defined Outcome ETFs that are tied to a particular index and designed to shield investors from drops up to a specified amount in that index, with capped upside returns should the index go up. Three examples: Innovator S&P Buffer (BJUL), Innovator S&P Power Buffer (PJUL) and Innovator S&P Ultra Buffer (UJUL) — offer downside protection ranging from 9% to 30%.

Just curious whether these are worth the 70-80 basis points, and if so, what percentage a conservative portfolio might contain.

Disclaimer 1: I did do a search on a couple symbols as well as some terms and couldn't find anything. If this has already been discussed, pointers or search terms would be appreciated.

Disclaimer 2: I know trying to time the market is a no no, but... as I am within 18-24 months from retirement, I'm getting mighty nervous about the bear, so looking for ways to minimize exposure to adverse events.

Thank you for any input

Tom

Just curious whether these are worth the 70-80 basis points, and if so, what percentage a conservative portfolio might contain.

Disclaimer 1: I did do a search on a couple symbols as well as some terms and couldn't find anything. If this has already been discussed, pointers or search terms would be appreciated.

Disclaimer 2: I know trying to time the market is a no no, but... as I am within 18-24 months from retirement, I'm getting mighty nervous about the bear, so looking for ways to minimize exposure to adverse events.

Thank you for any input

Tom