UOCT

📎 Investment Objective

The Innovator U.S. Equity Ultra Buffer ETF - October (UOCT) 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 10-15% of losses over the course of an outcome period.

✨ Key Features

• Defined outcome strategy with upside exposure capped at a predetermined level
• Buffer against the first 10-15% of losses over the outcome period
• Resets at the end of each outcome period (typically 1 year)
• Actively managed portfolio of FLEX Options on the S&P 500 Index

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the S&P 500 Index and may be subject to significant market volatility
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting the potential for upside gains
• Outcome period risk: The fund's defined outcome parameters only apply at the end of the specified outcome period, and investors who buy or sell the fund during the outcome period may experience different returns
• Counterparty risk: The fund's performance is dependent on the creditworthiness of the options counterparties

👤 Best For

UOCT may be suitable for investors seeking equity market exposure with a defined downside buffer, who are willing to forgo some upside potential in exchange for limited downside risk. This fund may be particularly appealing to more conservative investors or those nearing retirement who want to participate in equity market gains while limiting potential losses.