BJUN

📎 Investment Objective

The Innovator U.S. Equity Buffer ETF - June 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 a one-year period.

✨ Key Features

• Provides exposure to the S&P 500 Index with a predetermined upside cap and 9% buffer against losses
• Resets the upside cap and buffer annually in June
• Uses FLEX options to implement the defined outcome strategy
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The ETF's returns are tied to the performance of the S&P 500 Index, and it will be subject to the same market fluctuations
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting the upside participation
• Counterparty risk: The fund's performance is dependent on the ability of the options counterparties to fulfill their obligations
• Liquidity risk: The FLEX options used by the fund may have limited liquidity, which could impact the fund's ability to achieve its objective

👤 Best For

The Innovator U.S. Equity Buffer ETF - June may be suitable for investors seeking S&P 500 exposure with a level of downside protection, and who are comfortable with the fund's capped upside potential. It may be particularly appealing to more conservative investors or those nearing retirement who are looking to manage market risk.