LOCT

📎 Investment Objective

The Innovator Premium Income 15 Buffer ETF - October (LOCT) seeks to provide investors with upside participation in the S&P 500 Index, subject to a cap, while providing a 15% buffer against losses over a one-year outcome period.

✨ Key Features

• Provides a 15% buffer against losses over a one-year outcome period
• Offers upside participation in the S&P 500 Index, subject to a cap
• Resets its parameters annually in October to maintain consistent risk-managed exposure
• Actively managed options-based strategy

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the S&P 500 Index and are subject to market volatility
• Capped upside potential: The fund's returns are subject to an upside cap, limiting potential gains
• Outcome period risk: The fund's defined outcome parameters only apply for the specified one-year outcome period
• Options-based strategy risk: The fund's use of options exposes it to the risks associated with the options market

👤 Best For

LOCT may be suitable for investors seeking a risk-managed exposure to the S&P 500 Index, with a focus on downside protection and consistent returns. It may be particularly appealing to investors with a moderate risk tolerance who are looking to participate in equity market upside while limiting potential losses.