NJUN

Innovator Growth-100 Power Buffer ETF - June

$30.92

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - June 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 - June

Category Utilities

Issuer Other

Inception Date 2024-06-03

Market Cap $72.7M

Average Volume N/A

Dividend Yield N/A

52-Week Range $24.51 - $31.22

VWAP $30.89

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a defined outcome strategy, investing in a portfolio of FLexible EXchange Options (FLEX Options) on the Nasdaq-100 Index. The options are structured to provide upside participation up to a cap, while protecting against the first 15% of losses.

✨ Key Features

Seeks to match the returns of the Nasdaq-100 Index up to a predetermined cap
Provides a 15% buffer against losses over a one-year period
Resets annually in June to provide a new one-year outcome period
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The ETF's returns are tied to the performance of the Nasdaq-100 Index and may decline in a market downturn
Capped upside potential: The ETF's returns are capped at a predetermined level, limiting upside participation
Liquidity risk: The ETF's FLEX Options may have limited liquidity, which could impact the fund's ability to achieve its investment objective
Counterparty risk: The ETF's performance is dependent on the creditworthiness of the options counterparties

👤 Best For

The Innovator Growth-100 Power Buffer ETF - June may be suitable for investors seeking exposure to the Nasdaq-100 Index with a level of downside protection, and who have a medium-term investment horizon and a moderate risk tolerance.