XDQQ Profile
The Innovator Growth-100 Accelerated ETF - Quarterly is designed to offer investors leveraged exposure to the performance of the Invesco QQQ TrustSM, Series 1, through a strategic use of FLEX Options. The fund commits at least 80% of its net assets to a carefully selected portfolio of these Flexible Exchange Options (FLEX Options), which are customized options contracts traded on an exchange. FLEX Options provide the flexibility to tailor the terms of the options, including strike prices and expiration dates, to align with specific investment goals.
The Invesco QQQ TrustSM, Series 1, is an exchange-traded fund that tracks the performance of the Nasdaq-100 Index, which includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market. By investing in FLEX Options tied to this ETF, the Innovator Growth-100 Accelerated ETF aims to amplify the returns associated with the growth potential of the technology and innovative sectors represented in the Nasdaq-100. This strategy seeks to capitalize on the high-growth opportunities present in the tech-heavy index.
FLEX Options, while offering customizable features, are subject to unique risks including counterparty risk, as they are guaranteed for settlement by the Options Clearing Corporation (OCC). The liquidity of FLEX Options can also be less than that of standard exchange-traded options, potentially impacting the ease of executing trades. Despite these considerations, the fund leverages the flexibility of FLEX Options to achieve its investment objectives.
The Innovator Growth-100 Accelerated ETF - Quarterly is non-diversified, focusing specifically on its chosen strategy rather than spreading investments across a broad array of asset classes. This concentrated approach is designed to deliver accelerated growth in alignment with the performance of the Nasdaq-100, making it a targeted investment for those seeking enhanced exposure to the growth sectors represented in the index.
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