KMAR
Innovator U.S. Small Cap Power Buffer ETF - March
📎 Investment Objective
The Innovator U.S. Small Cap Power Buffer ETF - March seeks to provide investors with returns that match the price return of the Russell 2000 Index, up to a predetermined upside cap, while providing a buffer against the first 15% of losses over the course of a one-year period.
Overview
ETF tracking Innovator U.S. Small Cap Power Buffer ETF - March
Performance
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Investment Summary
📎 Investment Objective
The Innovator U.S. Small Cap Power Buffer ETF - March seeks to provide investors with returns that match the price return of the Russell 2000 Index, up to a predetermined upside cap, while providing a buffer against the first 15% 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 exposure. The options portfolio is reset annually in March, providing a new one-year outcome period.
✨ Key Features
- Seeks to match the Russell 2000 Index price return up to a cap, with a 15% buffer against losses
- Resets annually in March, providing a new one-year outcome period
- Expense ratio of 0.00%
- Low assets under management as a new fund
⚠️ Primary Risks
- Market risk - the fund's returns are tied to the performance of the Russell 2000 Index
- Capped upside potential - returns are capped at a predetermined level, limiting participation in large market gains
- Counterparty risk - the fund relies on the creditworthiness of option counterparties
- Liquidity risk - as a new fund, trading volume and liquidity may be limited
👤 Best For
The Innovator U.S. Small Cap Power Buffer ETF - March may be suitable for investors seeking small-cap equity exposure with a defined downside buffer. It could be used as a core or satellite holding in a diversified portfolio, particularly by those with a moderate risk tolerance and a one-year investment horizon.