Innovator U.S. Equity Buffer ETF - September (BSEP)

The Innovator S&P 500 Buffer ETF - September (BSEP) is an exchange-traded fund (ETF) that seeks to track the price and yield performance of the S&P 500 Price Return Index. The fund uses an options strategy known as a &";Buffer&"; to limit losses while providing upside potential. Specifically, the fund invests in a portfolio of options on the S&P 500 Index, with the options having a one-year term. The options are designed to provide a buffer of 9-10% against losses in the index while allowing for potential gains up to a certain cap.

BSEP is a relatively new ETF, having been launched in September 2019.

Investors looking for exposure to the S&P 500 with downside protection may find BSEP to be an attractive option. However, it is important to note that the buffer options strategy comes with limitations and there is no guarantee of the fund achieving its objectives.