NAPR

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - April seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined upside cap, while providing a level of downside protection against the first 15% of losses in the Nasdaq-100 Index over the course of a one-year period.

✨ Key Features

• Provides exposure to the Nasdaq-100 Index with a 15% downside buffer over a one-year outcome period
• Resets annually in April, offering a new one-year outcome period with a new upside cap and downside buffer
• Utilizes FLEX options to implement the defined outcome strategy
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's returns are subject to the performance of the Nasdaq-100 Index, and it may not achieve its investment objective if the index declines by more than 15% in a given outcome period
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting the potential upside if the Nasdaq-100 Index significantly outperforms
• 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 options counterparties, which could impact the fund's performance

👤 Best For

The Innovator Growth-100 Power Buffer ETF - April may be suitable for investors seeking exposure to the Nasdaq-100 Index with a level of downside protection, and who are comfortable with the fund's capped upside potential. Investors with a medium-term investment horizon and a moderate risk tolerance may find this fund appropriate as part of a diversified portfolio.