NOCT

Innovator Growth-100 Power Buffer ETF- October

$56.97

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - October (NOCT) seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined upside cap, while providing a level of downside protection.

Overview

ETF tracking Innovator Growth-100 Power Buffer ETF- October

Category Utilities

Issuer Other

Inception Date 2019-10-01

Market Cap $162.7M

Average Volume N/A

Dividend Yield N/A

52-Week Range $46.13 - $58.07

VWAP $56.89

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

NOCT uses a defined outcome strategy, seeking to provide investors with exposure to the Nasdaq-100 Index, subject to an upside cap and a buffer against the first 15% of losses. The fund achieves this by investing in a portfolio of FLexible EXchange (FLEX) options on the Nasdaq-100 Index.

✨ Key Features

Defined outcome strategy with upside cap and 15% buffer against losses
Exposure to the Nasdaq-100 Index, a benchmark of large-cap growth stocks
Monthly reset of the upside cap and downside buffer
Potential for lower volatility compared to direct Nasdaq-100 Index exposure

⚠️ Primary Risks

Market risk, as the fund's returns are tied to the performance of the Nasdaq-100 Index
Capped upside potential, as returns are subject to a predetermined upside cap
Counterparty risk, as the fund's performance is dependent on the financial stability of the options counterparties
Liquidity risk, as the FLEX options may have limited trading volume

👤 Best For

NOCT may be suitable for investors seeking exposure to the Nasdaq-100 Index with a level of downside protection, and who are comfortable with the fund's defined outcome strategy and potential for capped upside returns.