JANH
Innovator Premium Income 20 Barrier ETF - January
📎 Investment Objective
The Innovator Premium Income 20 Barrier ETF seeks to provide investors with monthly income and downside protection against market declines of up to 20% from the prior month's closing price.
Overview
ETF tracking Innovator Premium Income 20 Barrier ETF - January
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Premium Income 20 Barrier ETF seeks to provide investors with monthly income and downside protection against market declines of up to 20% from the prior month's closing price.
🎯 Investment Strategy
The ETF employs a covered call strategy, selling call options on the S&P 500 Index to generate monthly income. It also utilizes a 20% downside buffer, where the fund will provide protection against the first 20% of losses in the S&P 500 Index each month.
✨ Key Features
- Seeks to provide monthly income through a covered call strategy
- Offers downside protection against the first 20% of losses in the S&P 500 Index each month
- Designed to provide a balance of income generation and risk mitigation
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The ETF's performance is tied to the performance of the S&P 500 Index, and it is subject to the same market fluctuations
- Option writing risk: The use of options may not always be successful, and the ETF could experience losses from option positions
- Income risk: The amount of monthly income generated by the ETF may fluctuate and is not guaranteed
- Liquidity risk: As a new ETF, it may have lower trading volume and liquidity compared to more established funds
👤 Best For
This ETF may be suitable for investors seeking a balance of monthly income and downside protection, particularly those with a moderate risk tolerance who are looking to complement their core equity exposure. However, due to the limited performance history, it may be prudent for investors to thoroughly research and understand the fund's strategy and risks before investing.