Innovator Laddered Allocation Power Buffer ETF (BUFF)
About Innovator Laddered Allocation Power Buffer ETF (BUFF)
The Fund will invest at least 80% of its net assets (including investment borrowing) in the exchange-traded funds (ETFs) that comprise the Index. The Fund, using an indexing investment approach, seeks investment results that generally correspond, before fees and expenses, to the performance of the Index. The Index provider, Refinitiv/Thomson Reuter (Thomson Reuter or the Index Provider), compiles, maintains and calculates the Index. The Index is composed of the shares of twelve Innovator U.S. Equity Power Buffer ETFs (each, an Underlying ETF, and together, the Underlying ETFs). The Fund, in accordance with the Index, will be continuously invested in each of the Underlying ETFs and will rebalance semi-annually by purchasing and selling the Underlying ETFs to equally weight the Underlying ETFs. As further described below, each Underlying ETF seeks to provide a defined outcome based upon the price performance of the S&P 500 Index (S&P 500 Price Index) over the course of an approximately one-year time period (each, an Outcome Period) that begins on the first trading day of the month indicated in the Underlying ETFs name. Each Underlying ETF seeks to provide an upside return that is capped for an applicable Outcome Period (a Cap) and a measure of downside protection from losses for such Outcome Period (i.e., a buffer).
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Innovator Laddered Allocation Power Buffer ETF News
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Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.