AJUL

📎 Investment Objective

The Innovator Equity Defined Protection ETF - 2 Yr to July 2026 (AJUL) seeks to provide investors with exposure to the cryptocurrency market while aiming to limit downside risk over a defined two-year period.

✨ Key Features

• Defined outcome strategy with a two-year outcome period
• Aims to provide upside participation in the cryptocurrency market up to a cap
• Provides a buffer against the first 10-15% of losses
• Resets annually in July, providing a new two-year outcome period

⚠️ Primary Risks

• Cryptocurrency market risk: AJUL's performance is tied to the cryptocurrency market, which can be highly volatile and speculative
• Capped upside potential: The fund's upside participation is capped, limiting potential gains
• Reset risk: The fund's defined outcome parameters reset annually, which may not align with an investor's time horizon
• Liquidity risk: As a new fund with low assets under management, AJUL may have lower trading volume and liquidity

👤 Best For

AJUL may be suitable for investors seeking exposure to the cryptocurrency market with defined downside protection, and who have a two-year investment horizon that aligns with the fund's outcome period. Investors should be comfortable with the fund's capped upside potential and understand the reset risk associated with the defined outcome strategy.