BJAN

📎 Investment Objective

The Innovator U.S. Equity Buffer ETF - January (BJAN) seeks to provide investors with returns that match those of the S&P 500 Index, up to a predetermined cap, while providing a buffer against the first 9% of losses over the course of an outcome period.

✨ Key Features

• Seeks to match the upside performance of the S&P 500 Index, up to a predetermined cap
• Provides a 9% buffer against losses over the course of an outcome period
• Resets annually in January, offering a new outcome period and potential upside cap
• Actively managed to maintain the defined outcome parameters

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the S&P 500 Index and are subject to market fluctuations
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting potential upside gains
• Outcome period risk: The defined outcome parameters only apply at the end of the outcome period, and the fund's performance may vary significantly during the period
• Liquidity risk: The fund may experience lower trading volumes, which could impact its ability to buy and sell securities at favorable prices

👤 Best For

BJAN may be suitable for investors seeking equity market exposure with a level of downside protection, who have a medium-term investment horizon and are comfortable with the fund's capped upside potential.