UAUG

📎 Investment Objective

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

✨ Key Features

• Defined outcome strategy with upside participation and downside buffer
• Resets outcome period annually in August
• Expense ratio of 0.00%
• Relatively low assets under management

⚠️ Primary Risks

• Market risk: The fund's performance is tied to the S&P 500 Index and is subject to market fluctuations
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting potential gains
• Buffer risk: The fund's buffer against losses only applies for the first 5-15% of losses, leaving investors exposed to further downside
• Liquidity risk: As a new fund with low assets, trading volume and liquidity may be limited

👤 Best For

UAUG 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. However, the fund's low assets and limited trading history make it a higher-risk investment, and it may not be appropriate for all investors.