Everyone buys the debt sleeve for the soft landing.
It quietly cut the bill too.
13
Points of five year cost the 20 percent debt sleeve saved versus the same 40 stocks held with no buffer
Spotlighted two of these three cards already. The loud pure equity Large Midcap, then its debt and gold cousin, the one that stayed green through 2025. Nobody asks about the third. The plain one in the middle. Eq 80, debt 20, no gold, boring on paper. Then I read its cost line and sat up.