ZFEB
Innovator Equity Defined Protection ETF - 1 Yr February
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 1 Yr February (ZFEB) seeks to provide investors with exposure to the equity market while aiming to limit downside risk over a one-year period.
Overview
ETF tracking Innovator Equity Defined Protection ETF - 1 Yr February
Performance
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Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 1 Yr February (ZFEB) seeks to provide investors with exposure to the equity market while aiming to limit downside risk over a one-year period.
🎯 Investment Strategy
ZFEB utilizes a defined outcome strategy, where it purchases a one-year FLEX options contract that provides exposure to the S&P 500 Index. The fund aims to provide upside participation up to a cap, while limiting downside risk to a defined buffer level.
✨ Key Features
- Defined outcome strategy with one-year investment period
- Seeks to provide upside exposure to the S&P 500 Index up to a cap
- Aims to limit downside risk to a defined buffer level
- Resets annually in February
⚠️ Primary Risks
- Market risk: The fund's value may fluctuate with changes in the equity market
- Capped upside potential: Gains are limited by the fund's upside cap
- Counterparty risk: The fund's performance depends on the counterparty meeting its obligations
- Liquidity risk: The fund may have limited trading volume, making it difficult to buy or sell
👤 Best For
ZFEB may be suitable for investors seeking equity market exposure with defined downside protection, who have a one-year investment horizon and are comfortable with the fund's capped upside potential.