XBOC Profile
The Innovator U.S. Equity Accelerated 9 Buffer ETF - October is designed to offer investors a strategic approach to capturing potential upside in the U.S. equity market while providing a level of protection against downside risk. The fund allocates at least 80% of its net assets to a portfolio of FLexible EXchange Options ("FLEX Options") that are linked to the SPDR S&P 500 ETF Trust. This underlying ETF aims to mirror the investment results of the S&P 500 Index, which includes 500 of the largest and most influential publicly traded companies in the U.S.
FLEX Options, which the fund utilizes, are customizable options contracts traded on an exchange. They offer unique flexibility in terms of their strike prices, expiration dates, and other contractual features, allowing the fund to tailor its investment strategy to the specific needs and objectives of its investment approach. By using these options, the fund seeks to enhance its ability to deliver accelerated returns on the S&P 500 Index while also managing exposure to market fluctuations.
The S&P 500 Index, tracked by the SPDR S&P 500 ETF Trust, represents a broad cross-section of the U.S. equity market, encompassing a diverse range of industries and sectors. This index is widely regarded as a benchmark for the performance of large-cap U.S. stocks, reflecting the overall health and trends of the U.S. economy. The Innovator U.S. Equity Accelerated 9 Buffer ETF - October is non-diversified, focusing specifically on this index through its use of FLEX Options.
Through its innovative use of FLEX Options and focus on the S&P 500 Index, the fund aims to provide investors with a unique combination of growth potential and downside protection. This strategy is particularly suited for investors seeking to benefit from potential market gains while having a predefined buffer against potential losses. The fund's approach allows it to offer a differentiated investment opportunity within the broader equity market landscape.
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