UJUN
Innovator U.S. Equity Ultra Buffer ETF - June
📎 Investment Objective
The Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) seeks to provide exposure to the U.S. equity market with a built-in buffer against losses of up to 30% over a one-year period.
Overview
ETF tracking Innovator U.S. Equity Ultra Buffer ETF - June
Performance
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Investment Summary
📎 Investment Objective
The Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) seeks to provide exposure to the U.S. equity market with a built-in buffer against losses of up to 30% over a one-year period.
🎯 Investment Strategy
UJUN uses an options-based strategy to provide this buffer. The fund holds a portfolio of U.S. equity securities and also purchases and sells call and put options on those securities to create the desired level of downside protection.
✨ Key Features
- Provides a 30% buffer against losses over a one-year period
- Utilizes an options-based strategy to achieve the buffer
- Resets the buffer on an annual basis in June
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk - the fund's performance is tied to the U.S. equity market and will fluctuate with market movements
- Options risk - the use of options introduces additional risks related to the pricing and behavior of the options market
- Liquidity risk - the fund may have difficulty trading certain options positions, especially in volatile markets
- Reset risk - the buffer resets annually, so investors may not be protected against losses exceeding 30% in the interim
👤 Best For
UJUN may be suitable for investors seeking U.S. equity exposure with some downside protection, who have a medium-term investment horizon and can tolerate the risks associated with an options-based strategy.
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