NJUL
Innovator Growth-100 Power Buffer ETF - July
📎 Investment Objective
The Innovator Growth-100 Power Buffer ETF - July seeks to provide investors with exposure to the large-cap U.S. equity market, 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 - July
Performance
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Investment Summary
📎 Investment Objective
The Innovator Growth-100 Power Buffer ETF - July seeks to provide investors with exposure to the large-cap U.S. equity market, 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, investing in 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
- Provides exposure to the large-cap U.S. equity market through the Nasdaq-100 Index
- Offers a 15% buffer against losses over a one-year period
- Resets annually in July, providing a new one-year outcome period
- Charges a 0.00% expense ratio
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the Nasdaq-100 Index, and it is subject to the risks associated with investing in U.S. equities.
- Buffered loss risk: While the ETF provides a 15% buffer against losses, investors may still experience losses beyond that threshold.
- Opportunity cost risk: By providing a buffer, the ETF may forgo some upside potential compared to a direct investment in the Nasdaq-100 Index.
- Liquidity risk: As a new ETF with low assets under management, it may have lower trading volume and liquidity compared to more established funds.
👤 Best For
The Innovator Growth-100 Power Buffer ETF - July may be suitable for investors seeking exposure to the large-cap U.S. equity market with a level of downside protection, particularly those with a moderate risk tolerance and a one-year investment horizon.
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