TJAN
Innovator Equity Defined Protection ETF - 2 Yr to January 2027
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) seeks to provide investors with exposure to the equity markets while aiming to limit downside risk over a defined outcome period.
Overview
ETF tracking Innovator Equity Defined Protection ETF - 2 Yr to January 2027
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) seeks to provide investors with exposure to the equity markets while aiming to limit downside risk over a defined outcome period.
🎯 Investment Strategy
TJAN uses an options-based strategy to provide a buffer against losses of up to 15% from the ETF's inception price, while allowing for upside participation up to a predetermined cap. The fund resets its defined outcome parameters annually in January.
✨ Key Features
- Defined outcome strategy aims to provide a buffer against the first 15% of losses over a 1-year period
- Potential for upside participation up to a predetermined cap, which resets annually
- Designed for a 2-year outcome period ending in January 2027
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The fund's value will fluctuate with the equity markets and may experience significant volatility
- Capped upside potential: The fund's returns are subject to an upside cap, limiting potential gains
- Counterparty risk: The fund's options-based strategy exposes it to the creditworthiness of its counterparties
- Liquidity risk: The fund may experience lower trading volume, making it difficult to buy or sell shares
👤 Best For
TJAN may be suitable for investors seeking equity market exposure with defined downside protection, who have a medium-term investment horizon and are willing to accept the fund's capped upside potential.