ZAPR
Innovator Equity Defined Protection ETF - 1 Yr April
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 1 Yr April seeks to provide investors with exposure to the equity markets while aiming to limit downside risk over a one-year period.
Overview
ETF tracking Innovator Equity Defined Protection ETF - 1 Yr April
Performance
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Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 1 Yr April seeks to provide investors with exposure to the equity markets while aiming to limit downside risk over a one-year period.
🎯 Investment Strategy
The ETF uses a defined outcome strategy, investing in a portfolio of options contracts to provide upside participation in the equity markets up to a cap, while seeking to limit losses to a defined downside buffer over the one-year outcome period.
✨ Key Features
- Defined outcome strategy with upside participation and downside buffer
- One-year outcome period reset in April of each year
- Expense ratio of 0.00%
- Limited trading history and assets under management
⚠️ Primary Risks
- Market risk, as the ETF's performance is tied to the equity markets
- Counterparty risk associated with the options contracts
- Liquidity risk due to the limited trading history and assets
- Potential for the ETF to underperform the broader equity markets
👤 Best For
This ETF may be suitable for investors seeking equity market exposure with a defined level of downside protection, and who have a one-year investment horizon. However, the limited trading history and small asset base suggest this fund may be more appropriate for experienced investors who can thoroughly evaluate the risks and potential benefits.