BSEP
Innovator U.S. Equity Buffer ETF - September
📎 Investment Objective
The Innovator U.S. Equity Buffer ETF - September 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.
Overview
ETF tracking Innovator U.S. Equity Buffer ETF - September
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator U.S. Equity Buffer ETF - September 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.
🎯 Investment Strategy
The ETF uses a defined outcome strategy, investing in a portfolio of FLexible EXchange (FLEX) options that are designed to provide the target upside participation and downside buffer. The fund resets its parameters annually in September.
✨ Key Features
- Seeks to provide upside participation in the S&P 500 Index up to a predetermined cap
- Provides a buffer against the first 9% of losses over a one-year period
- Resets its parameters annually in September
- 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 are subject to market volatility
- Capped upside potential: The fund's returns are capped at a predetermined level, limiting upside participation
- Reset period risk: The fund's parameters are reset annually, which may result in changes to the upside cap or downside buffer
- Liquidity risk: The ETF may have lower trading volume and liquidity compared to more established funds
👤 Best For
This ETF may be suitable for investors seeking equity market exposure with a level of downside protection, particularly those with a medium-term investment horizon and a moderate risk tolerance. It may be most appropriate as a core equity holding or as a complement to a diversified portfolio.