NAUG

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - August seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined upside cap, while providing a buffer against the first 15% of losses over the outcome period.

✨ Key Features

• Seeks to match the Nasdaq-100 Index returns up to a cap, while providing a 15% buffer against losses
• Resets the options portfolio annually in August to maintain the defined outcome parameters
• Expense ratio of 0.00%, making it a low-cost way to access the defined outcome strategy
• Relatively new fund with limited performance history

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the Nasdaq-100 Index, and it will be subject to the same market fluctuations
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting the upside participation
• Buffer risk: The 15% buffer against losses may not be sufficient in severe market downturns
• Liquidity risk: As a newer fund, it may have lower trading volume and less liquidity than more established ETFs

👤 Best For

The Innovator Growth-100 Power Buffer ETF - August may be suitable for investors seeking exposure to the Nasdaq-100 Index with some downside protection, and who are comfortable with the fund's capped upside potential. It may be particularly appealing to more conservative investors or those nearing retirement who want to limit their downside risk.