NFEB
Innovator Growth-100 Power Buffer ETF - February
📎 Investment Objective
The Innovator Growth-100 Power Buffer ETF - February seeks to provide exposure to the large-cap U.S. equity market with a built-in buffer against the first 15% of losses over an outcome period of approximately one year.
Overview
ETF tracking Innovator Growth-100 Power Buffer ETF - February
Performance
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Investment Summary
📎 Investment Objective
The Innovator Growth-100 Power Buffer ETF - February seeks to provide exposure to the large-cap U.S. equity market with a built-in buffer against the first 15% of losses over an outcome period of approximately one year.
🎯 Investment Strategy
The ETF uses an options-based strategy to provide exposure to the Nasdaq-100 Index, while also seeking to limit downside risk. It holds a portfolio of FLexible EXchange (FLEX) Options that are designed to provide returns based on the performance of the Nasdaq-100 Index, subject to a buffer against the first 15% of losses.
✨ Key Features
- Seeks to provide exposure to the large-cap U.S. equity market with a built-in 15% buffer against losses over a one-year outcome period
- Uses an options-based strategy to provide the desired equity exposure and risk management
- Resets the buffer and upside cap annually, providing a new outcome period with each new fund series
- Designed to be held for the full outcome period to achieve the stated buffer and cap
⚠️ Primary Risks
- Market risk: The ETF's returns are subject to the performance of the underlying Nasdaq-100 Index
- Options risk: The use of options exposes the fund to the risks associated with the options market
- Outcome period risk: The fund's buffer and cap are only applicable for the specific outcome period, and may change with each new series
- Liquidity risk: The ETF may experience lower trading volumes, which could impact its ability to buy and sell holdings
👤 Best For
The Innovator Growth-100 Power Buffer ETF - February may be suitable for investors seeking large-cap U.S. equity exposure with a level of downside protection, and who are willing to hold the fund for the full outcome period to achieve the stated buffer and cap.
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