Investors and traders alike have struggled to find safety during 2022, with volatility remaining high as the market continues its path lower.This has led investors to funnel into a newer breed of product which provides them with the opportunity to mitigate risk in exchange for a smaller reward. These products, known as “buffer funds”, claim to guard against investor losses, up to a certain point, while limiting potential gains.So far, roughly $6 billion dollars have been allocated to buffer funds, nearly doubling the amount last year, and it is likely to increase further.So what exactly are buffer funds and do they really work?