UJUL

📎 Investment Objective

The Innovator U.S. Equity Ultra Buffer ETF - July (UJUL) 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 the outcome period.

✨ Key Features

• Seeks to match the S&P 500 Index returns up to a cap, with a 5-15% buffer against losses
• Resets annually on a specific date in July to provide a new outcome period
• Utilizes a options-based strategy to achieve its targeted outcome
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the S&P 500 Index, and it will be subject to the same market fluctuations
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting its ability to fully participate in large market rallies
• Outcome period risk: The fund's targeted outcomes are based on the outcome period, and investors who purchase shares outside of this period may not achieve the same results
• Liquidity risk: As a new fund, UJUL may have lower trading volumes and liquidity compared to more established ETFs

👤 Best For

UJUL may be suitable for investors seeking equity market exposure with a level of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon. However, the fund's capped upside potential may not be suitable for investors seeking maximum growth potential.