7/01/21 – 9/30/21 Although the ETF targets a 20% buffer, the buffer may fall into a range of 15% to 20%; there is no guarantee that the buffer will be within this range or that the Fund will provide the buffer.
The Upside Cap above is shown gross of the .175% quarterly (0.69% annual) management fee for BALT. “Cap” refers to the
maximum potential return, before fees and expenses and any shareholder transaction fees and any extraordinary expenses, if held over the full Outcome Period. “Buffer” refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period. Outcome Period is the intended length of time over which the defined outcomes are sought. Upon commencement of the Outcome Period, the remaining Cap and/or Buffer can be found on a daily basis via www.innovatoretfs.com.
Innovator Announces the Defined Wealth Shield ETF, BALT ,
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Innovator Plans to List July Series of Accelerated ETFs™,
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Innovator ETFs Announces Upside Cap Ranges for June Series of Buffer ETFs May 24, 2021
On Monday, Innovator Capital Management, LLC (Innovator) announced the anticipated upside cap ranges and return profiles for the June series of the S&P 500 Buffer ETFs –
Innovator S&P 500 Buffer ETF – June (BJUN),
Innovator S&P 500 Power Buffer ETF – June (PJUN), and
Innovator S&P 500 Ultra Buffer ETF – June (UJUN) – which are scheduled to complete their second outcome period and reset at the end of the month.
The 36 total ETFs in the flagship S&P 500 Buffer ETF lineup seek to provide investors with upside participation, to a cap, in large cap U.S. stocks via options on the S&P 500 with buffers against market losses of 9%, 15%, or 30% over one-year periods.