UAPR

📎 Investment Objective

The Innovator U.S. Equity Ultra Buffer ETF - April (UAPR) seeks to provide investors with returns that match those of the S&P 500 Index, up to a predetermined cap, while providing a buffer against the first 5-15% of losses over an outcome period of approximately one year.

✨ Key Features

• Seeks to match the S&P 500 Index returns up to a cap, while providing a buffer against the first 5-15% of losses
• Resets its strategy annually in April, providing a new one-year outcome period
• Utilizes FLEX options to implement its defined outcome strategy
• 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 potential: The fund's returns are capped at a predetermined level, limiting potential gains
• Outcome period risk: The fund's defined outcome parameters only apply for the specific one-year outcome period
• Liquidity risk: The fund's FLEX options may have limited liquidity, which could impact the fund's ability to achieve its investment objective

👤 Best For

UAPR may be suitable for investors seeking equity market exposure with a defined downside buffer, who have a medium-term investment horizon and are comfortable with the fund's capped upside potential. Investors should carefully consider the fund's outcome period and reset schedule when determining if it aligns with their investment goals.