Innovator Announces Cap Ranges for Three New 100% Buffer ETFs™ with Outcome Periods of 6 Months, 1 Year or 2 Years

Innovator capital management

The ETF issuer behind the world’s first defined outcome ETFs and 100% buffer ETFs is expanding its portfolio after raising more than $350 million in assets under management.

CHICAGO, June 17, 2024 (GLOBE NEWSWIRE) — Innovator capital managementLLC (Innovator), pioneer and provider of the largest range of Defined Outcome ETFs™, today announced cap ranges for three new 100% Buffer ETFs™ scheduled to launch on July 1st.

Each of the ETFs is designed to provide 100% downside protection with a defined upside of the S&P 500 ETF over a 6 month, 1 year or 2 year outcome period. Innovator, which launched the industry’s first-ever 100% Buffer ETF (TJUL) in July 2023, manages the industry’s largest 100% Buffer ETF™ suite.

List of 100% buffered ETFs 7/1

Innovator’s Equity Defined Protection ETF™ – 6 Month January/July (JAJL) will be the industry’s first ETF to offer investors 100% downside protection over a 6-month outcome period. JAJL’s 6-month cap range represents the potential to significantly outperform cash or short-term bonds, without taking on downside risk. Its ability to generate tax-deferred growth provides a significant advantage over cash or short-term bonds that are taxed at ordinary income rates.

“Advisors are struggling to manage client cash allocations close to 30%. Our 100% Buffer ETFs provide a strategy for putting that money away by providing 100% downside protection if the market downturns, and upside potential if the market rises. These ETFs can also offer investors significant tax advantages over cash or bonds. Overall, we believe investors are nervous about entering the market at all-time highs, but are also missing out on persistent market gains,” said Graham Day, CIO at Innovator ETFs. “Following the launch of TJUL, the industry’s first 100% Buffer ETF™, we remain eager and excited to expand our portfolio and extend our leadership in the space.”

Beyond the listing of the three 100% Buffer ETFs on July 1, Innovator has filed and intends to list eight additional 100% Buffer™ ETFs.

1. The estimated cap range is based on the 21 trading days preceding June 14 and is shown gross of fund management fees. The cap for each Fund will be set at the start of the Outcome Period and depends on market conditions at that time. Periods of high market volatility could result in higher values, and lower volatility could result in lower values.

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The Funds are designed to provide equity upside, up to a cap, with a 100% downside buffer against losses in the SPDR S&P 500 ETF, over a six-month, one-year or two years, before fees and expenses.

JAJL, ZJUL AND AJUL ARE NOT YET AVAILABLE FOR TRADING. CLICK THE LINK IN THE TABLE ABOVE FOR THE LATEST SEC DEPOSIT. THE INFORMATION CONTAINED HEREIN IS SUBJECT TO SUPPLEMENT OR MODIFICATION. THE FUND HAS FILED A REGISTRATION DECLARATION WITH THE SECURITIES AND EXCHANGE COMMISSION BUT IT IS NOT YET EFFECTIVE. AN INVESTMENT IN THE FUND CANNOT BE MADE, NOR MONEY ACCEPTED, UNTIL THE REGISTRATION STATEMENT IS EFFECTIVE. AN INVESTOR SHOULD CAREFULLY REVIEW THE INVESTMENT OBJECTIVES, RISKS, AND CHARGES AND EXPENSES OF THE FUND BEFORE INVESTING. THE PRELIMINARY PROSPECTUS CONTAINS THIS AND OTHER INFORMATION ABOUT THE FUND AND SHOULD PRECEED OR ACCOMPANY THIS COMMUNICATION. THE INFORMATION CONTAINED IN THE PRELIMINARY PROSPECTUS IS NOT COMPLETE AND IS SUBJECT TO CHANGE. THE FINAL PROSPECTUS SHOULD BE READ CAREFULLY BEFORE INVESTING. THE FINAL PROSPECTUS, WHEN AVAILABLE, CAN BE OBTAINED BY [CALLING [TELEPHONE NUMBER]/VISIT [WEB ADDRESS]]. THIS COMMUNICATION IS NOT AN OFFER TO SELL FUND SHARES AND DOES NOT SOLICIT AN OFFER TO PURCHASE FUND SHARES IN ANY STATE WHERE OFFER OR SALE IS NOT PERMITTED.

The Funds have different characteristics than many other traditional investment products and may not be suitable for all investors. For more information on whether an investment in the Fund is suitable for you, please see the “Investor Suitability” section of the prospectus.

The Funds face numerous market trading risks, including active markets risk, concentration of permitted holdings risk, buffered loss risk, capitalization change risk, capped upside return risk, correlation risk, liquidity risk, management risk, market maker risk, market risk, non-diversification risk. risk, operational risk, options risk, trading issues risk, upside participation risk and valuation risk. For a detailed list of the fund’s risks, see the prospectus.

There can be no assurance that the Fund will be successful in providing the protection sought. If the Outcome Period has begun and the value of the Underlying ETF has increased, any appreciation of the Fund due to increases in the Underlying ETF since the beginning of the Outcome Period will not be protected by the reserve, and a The investor could suffer losses until the underlying ETF returns to the initial price at the start of the outcome period.

Shareholders of the Fund are subject to an upward return cap (the “Cap”) which represents the maximum percentage return an investor can obtain from an investment in the funds for the Outcome Period, before fees and expenses . If the Outcome Period has begun and the value of the Fund has increased to a level near the cap, an investor purchasing at that price has little or no ability to realize gains but remains vulnerable to downside risks. Additionally, the cap may increase or decrease from one outcome period to the next. The cap and the position of the Fund in relation to it should be considered before investing in the Fund. The Fund’s website, www.innovatoretfs.com, provides daily important information about the Fund as well as information relating to the potential results of an investment in a Fund.

These Funds are designed to provide point-to-point exposure to the price performance of the reference asset via a basket of flexible options. Therefore, ETFs are not expected to move directly in line with the reference asset during the interim period.

Risk related to FLEX options The Fund will use FLEX options issued and guaranteed for settlement by Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX options may be less liquid than standard options. In a less liquid market for FLEX options, the Fund may have difficulty closing out certain positions in FLEX options at desired times and prices. FLEX option values ​​do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of the reference asset.

Investing involves risks. A loss of capital is possible. Innovator ETFs are distributed by Foreside Fund Services, LLC.

The Fund’s investment objectives, risks, charges and expenses should be carefully considered before investing. The prospectus and summary prospectus contain this and other important information, and can be obtained at innovatoretfs.com. Read it carefully before investing.

The following brands: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF™, Buffer ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF™, Define Your Future®, Enhanced ETF™ , Floor ETF®, Innovator ETFs®, Leading The Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Step-Up™, Step-Up ETFs™, Target Protection ETF™ and all names, logos, products associates. and service names, designs and slogans are trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these Terms is strictly prohibited without appropriate written permission.

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