AB Moderate Buffer ETF

AB Moderate Buffer ETF is an actively managed equity ETF designed to seek moderate capital appreciation while providing a defined level of downside protection. The fund uses options-based strategies, including FLEX options on an underlying U.S. large-cap equity ETF tied to the S&P 500, to create outcome periods with a targeted upside cap and buffer against market declines. This structure is intended to give investors exposure to broad U.S. stock market movements while limiting part of the first layer of losses over each reset period. AB Moderate Buffer ETF is positioned within the buffered ETF category and is used by investors seeking a disciplined, options-driven approach to equity participation with a built-in risk management overlay.