ZJUN
Innovator Equity Defined Protection ETF - 1 Yr June
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 1 Yr June (ZJUN) 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 June
Performance
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Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF - 1 Yr June (ZJUN) seeks to provide investors with exposure to the equity markets while aiming to limit downside risk over a one-year period.
🎯 Investment Strategy
ZJUN uses a defined outcome strategy, seeking to provide upside participation in the equity markets up to a cap, while providing a buffer against the first 10-15% of losses. The fund resets annually in June.
✨ Key Features
- Defined outcome strategy with upside participation and downside buffer
- Resets annually in June to provide a new one-year outcome period
- Expense ratio of 0.00%
- Low assets under management ($0) as a new fund
⚠️ Primary Risks
- Market risk - the fund's returns are tied to the performance of the underlying equity markets
- Capped upside potential - the fund's returns are subject to an upside cap, limiting potential gains
- Early withdrawal risk - investors who sell before the end of the outcome period may not achieve the intended outcomes
- Counterparty risk - the fund's outcomes depend on the ability of the issuer to meet its obligations
👤 Best For
ZJUN may be suitable for investors seeking equity market exposure with some downside protection, who have a one-year investment horizon and understand the fund's defined outcome parameters and risks.