LJUL

📎 Investment Objective

The Innovator Premium Income 15 Buffer ETF - July (LJUL) 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.

✨ Key Features

• Provides a 15% buffer against losses in the S&P 500 Index over a one-year period
• Offers upside exposure to the S&P 500 Index's price returns, subject to a cap
• Resets annually on a specific date (in this case, July)
• Actively managed fund that utilizes FLEX options to achieve its defined outcome strategy

⚠️ Primary Risks

• Market risk: The fund's performance is tied to the performance of the S&P 500 Index, and it is subject to the risks associated with equity markets
• Capped upside risk: The fund's upside exposure to the S&P 500 Index is subject to a cap, which may limit the fund's potential gains
• Liquidity risk: The FLEX options used by the fund may have limited liquidity, which could impact the fund's ability to achieve its investment objective
• Counterparty risk: The fund is exposed to the creditworthiness of the counterparties to the FLEX options contracts

👤 Best For

LJUL may be suitable for investors who are seeking downside protection in the S&P 500 Index, while still maintaining some upside exposure. It may be particularly appealing to investors who are concerned about potential market volatility and are willing to forgo some upside potential in exchange for a buffer against losses.