UDEC

📎 Investment Objective

The Innovator U.S. Equity Ultra Buffer ETF - December (UDEC) seeks to provide investors with returns that match those of the S&P 500 Index, up to a predetermined cap, while providing a buffer against the first 5-15% of losses over an outcome period of approximately one year.

✨ Key Features

• Provides exposure to the S&P 500 Index with a built-in buffer against the first 5-15% of losses over a one-year outcome period
• Resets annually in December, establishing a new one-year outcome period
• Caps upside participation at a predetermined level to fund the buffer protection
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the S&P 500 Index and are subject to market volatility
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting upside participation
• Outcome period risk: Investors who purchase shares outside of the annual outcome period may have a different risk profile than those who purchase at the beginning of the period
• Liquidity risk: The fund's options-based strategy may result in lower liquidity compared to traditional equity funds

👤 Best For

UDEC may be suitable for investors seeking equity market exposure with a level of downside protection, particularly those with a medium-term investment horizon and a moderate risk tolerance. The fund's annual reset and buffer features make it most appropriate for investors who can hold the shares for the full outcome period.