PMAR

📎 Investment Objective

The Innovator U.S. Equity Power Buffer ETF - March seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust (SPY), up to a predetermined cap, while providing a buffer against the first 15% of losses over the course of a one-year period.

✨ Key Features

• Seeks to match the price return of the S&P 500 index up to a predetermined cap
• Provides a 15% buffer against losses over a one-year period
• Resets annually in March, providing a new one-year outcome period
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's returns are subject to the performance of the S&P 500 index
• Capped upside: The fund's returns are capped at a predetermined level, limiting potential gains
• Reset risk: The fund's outcomes are reset annually, which may not align with an investor's holding period
• Liquidity risk: The FLEX options used by the fund may have limited liquidity

👤 Best For

This ETF may be suitable for investors seeking equity market exposure with a level of downside protection, and who have a one-year investment horizon that aligns with the fund's reset period. It may be particularly appealing to more conservative investors or those nearing retirement who want to limit potential losses.