DBJA Profile
DBJA
is an actively managed exchange-traded fund that seeks to provide
investors with returns that match the price and yield performance of
the S&P 500 Index, while also providing downside protection through a
buffered strategy. The fund is designed to provide investors with a
pre-determined downside buffer level of 9% over a one-year investment
period.
The fund invests primarily in exchange-traded funds
(&";ETFs&";), exchange-traded notes (&";ETNs&";), and other exxchange-traded
products that provide exposure to the S&P 500 Index. It may also hold
cash or cash equivalents, including U.S. Treasury bills and money
market funds, to meet its investment objective.
The fund is
managed by Innovator Capital Management, LLC, a registered investment
adviser headquartered in Wheaton, Illinois. The management fee for the
fund is 0.79%.
It is important to note that while buffered ETFs
like DBJA can provide downside protection, they do not guarantee
against losses and may not perform as expected in all market
conditions. Investors should carefully consider their investment
objectives, risk tolerance, and the fund's investment strategy before
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