BALT
Innovator Defined Wealth Shield ETF
📎 Investment Objective
The Innovator Defined Wealth Shield ETF (BALT) seeks to provide investors with exposure to the cryptocurrency market while aiming to limit downside risk through the use of options-based strategies.
Overview
ETF tracking Innovator Defined Wealth Shield ETF
Performance
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Investment Summary
📎 Investment Objective
The Innovator Defined Wealth Shield ETF (BALT) seeks to provide investors with exposure to the cryptocurrency market while aiming to limit downside risk through the use of options-based strategies.
🎯 Investment Strategy
BALT invests in a portfolio of cryptocurrencies, primarily Bitcoin and Ethereum, and utilizes a defined outcome strategy that aims to provide a buffer against losses. The fund employs a put spread options strategy to potentially limit downside risk while maintaining upside participation.
✨ Key Features
- Provides exposure to the cryptocurrency market through a portfolio of major digital assets
- Utilizes a defined outcome strategy with a built-in buffer to limit downside risk
- Aims to offer upside participation while protecting against significant losses
- Actively managed by experienced investment professionals
⚠️ Primary Risks
- Cryptocurrency market risk: The value of the underlying cryptocurrencies may be volatile and subject to significant price fluctuations
- Options-based strategy risk: The use of options-based strategies may not be successful in limiting downside risk or providing the expected level of protection
- Liquidity risk: The ETF may have limited trading volume, which could impact its ability to be bought or sold at desired prices
- Counterparty risk: The ETF is exposed to the creditworthiness of the options counterparties it uses
👤 Best For
BALT may be suitable for investors seeking exposure to the cryptocurrency market with a focus on risk management and downside protection. It may be particularly appealing to investors with a moderate to high risk tolerance who are looking to balance their cryptocurrency allocation with a defined-outcome strategy.