NDEC
Innovator Growth-100 Power Buffer ETF - December
📎 Investment Objective
The Innovator Growth-100 Power Buffer ETF - December seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined cap, while providing a buffer against the first 15% of losses over the course of a one-year period.
Overview
ETF tracking Innovator Growth-100 Power Buffer ETF - December
Performance
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Investment Summary
📎 Investment Objective
The Innovator Growth-100 Power Buffer ETF - December seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined cap, while providing a buffer against the first 15% of losses over the course of a one-year period.
🎯 Investment Strategy
The ETF uses a defined outcome strategy, where it purchases a portfolio of options on the Nasdaq-100 Index with a one-year outcome period. This allows the fund to provide upside participation up to a cap, while also offering a buffer against the first 15% of losses.
✨ Key Features
- Provides exposure to the Nasdaq-100 Index with a defined outcome strategy
- Offers upside participation up to a predetermined cap
- Provides a 15% buffer against losses over a one-year outcome period
- Resets annually on a specific date in December
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the Nasdaq-100 Index, and it is subject to the same market risks as the underlying index.
- Capped upside potential: The fund's returns are capped at a predetermined level, limiting the upside potential.
- Outcome period risk: The defined outcome parameters only apply at the end of the one-year outcome period, and the fund's value may fluctuate significantly during the year.
- Liquidity risk: As a new fund with low assets under management, the ETF may have lower trading volume and liquidity compared to more established funds.
👤 Best For
The Innovator Growth-100 Power Buffer ETF - December may be suitable for investors seeking exposure to the Nasdaq-100 Index with a defined outcome strategy that provides some downside protection. It may be particularly appealing to more conservative investors who want to participate in the upside of the Nasdaq-100 Index while limiting their potential losses.
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