JULH
Innovator Premium Income 20 Barrier ETF - July
📎 Investment Objective
The Innovator Premium Income 20 Barrier ETF seeks to provide investors with a high level of current income while also aiming to protect against downside risk.
Overview
ETF tracking Innovator Premium Income 20 Barrier ETF - July
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Premium Income 20 Barrier ETF seeks to provide investors with a high level of current income while also aiming to protect against downside risk.
🎯 Investment Strategy
The ETF invests in a portfolio of equity index options that are designed to provide a buffer against the first 20% of losses in the underlying equity index, while generating premium income from selling call options on the same index. This strategy aims to provide downside protection and consistent income generation.
✨ Key Features
- Seeks to provide high current income through a covered call strategy
- Aims to protect against the first 20% of losses in the underlying equity index
- Invests in a portfolio of equity index options to implement its strategy
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Derivatives risk: The use of options and other derivatives can introduce additional risks and complexities
- Income risk: The ETF's income distributions may fluctuate or decline
- Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price
👤 Best For
This ETF may be suitable for investors seeking a high level of current income and some downside protection, while being willing to accept the risks associated with a covered call strategy and options-based investments. Investors should have a medium to long-term investment horizon and be comfortable with the potential volatility of the underlying equity market.