BOCT

📎 Investment Objective

The Innovator U.S. Equity Buffer ETF - October (BOCT) 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

• Provides a buffer against the first 9% of losses in the S&P 500 Index over a one-year outcome period
• Seeks to match the returns of the S&P 500 Index up to a predetermined cap
• Resets its options positions at the end of each outcome period
• Designed to help manage downside risk in equity markets

⚠️ Primary Risks

• Market risk: The fund's value will fluctuate with the performance of the underlying index
• Options risk: The fund's use of options exposes it to the risk of loss from adverse movements in the underlying asset
• Outcome period risk: The fund's buffer and cap are only applicable for the specific outcome period, and may change for subsequent periods
• Liquidity risk: The fund's options may experience reduced liquidity, which could impact the fund's ability to achieve its investment objective

👤 Best For

BOCT may be suitable for investors seeking equity market exposure with a level of downside protection, and who are willing to hold the fund for the duration of the outcome period. Investors should have a moderate to high risk tolerance and a medium-term investment horizon.