LJAN
Innovator Premium Income 15 Buffer ETF - January
📎 Investment Objective
The Innovator Premium Income 15 Buffer ETF - January (LJAN) seeks to provide investors with a buffer against the first 15% of losses in the S&P 500 Index, while providing upside exposure to the index's price returns, subject to a cap.
Overview
ETF tracking Innovator Premium Income 15 Buffer ETF - January
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Premium Income 15 Buffer ETF - January (LJAN) seeks to provide investors with a buffer against the first 15% of losses in the S&P 500 Index, while providing upside exposure to the index's price returns, subject to a cap.
🎯 Investment Strategy
LJAN uses a defined outcome strategy, investing in a portfolio of FLexible EXchange (FLEX) options that are designed to provide a buffer against the first 15% of losses in the S&P 500 Index over a one-year period, while also providing exposure to the upside price returns of the index, subject to a cap.
✨ Key Features
- Seeks to provide a 15% buffer against losses in the S&P 500 Index over a one-year period
- Provides exposure to the upside price returns of the S&P 500 Index, subject to a cap
- Resets annually on a predetermined date in January
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The ETF's returns are linked to the performance of the S&P 500 Index, and it is subject to the risks associated with equity markets
- Capped upside potential: The ETF's upside exposure to the S&P 500 Index is subject to a cap, which may limit potential gains
- Holding period risk: The ETF's defined outcome strategy is designed for investors who hold the shares for the entire one-year outcome period
- Liquidity risk: The ETF may experience lower trading volumes, which could affect its ability to be bought or sold at desired prices
👤 Best For
LJAN may be suitable for investors who are seeking equity market exposure with a level of downside protection, and who are willing to hold the shares for the entire one-year outcome period. The ETF may be particularly attractive to investors who are concerned about potential market volatility and are looking for a way to manage their downside risk.