LAPR

📎 Investment Objective

The Innovator Premium Income 15 Buffer ETF - April seeks to provide investors with a buffer against the first 15% of losses in the S&P 500 Index, while also providing upside participation up to a cap on the S&P 500 Index's returns.

✨ Key Features

• Provides a 15% buffer against losses in the S&P 500 Index over a one-year outcome period
• Offers upside participation in the S&P 500 Index up to a cap
• Resets the buffer and cap annually in April
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The ETF's returns are tied to the performance of the S&P 500 Index, and it is subject to the same market risks as the underlying index
• Capped upside potential: The ETF's returns are capped, limiting the upside participation in the S&P 500 Index
• Outcome period risk: The defined outcome parameters only apply at the end of the one-year outcome period, and the fund's value may fluctuate in the interim
• Liquidity risk: As a new ETF with low assets under management, it may have lower trading volume and liquidity compared to more established funds

👤 Best For

The Innovator Premium Income 15 Buffer ETF - April may be suitable for investors seeking a buffer against downside risk in the S&P 500 Index, while also participating in some of the upside potential, over a one-year investment horizon. It may be particularly attractive for investors who are concerned about market volatility and want to limit their downside exposure.