QTJL Profile
The Innovator Growth Accelerated Plus ETF - July is designed to offer investors an innovative approach to capturing the performance of the NASDAQ-100 Index through the use of FLexible EXchange Options (FLEX Options). The fund commits at least 80% of its net assets to these FLEX Options, which are financial instruments allowing for customization of key parameters such as strike prices, expiration dates, and contract styles. These options are specifically tied to the Invesco QQQ TrustSM, Series 1, a unit investment trust that aims to replicate the performance of the NASDAQ-100 Index before fees and expenses.
The NASDAQ-100 Index is a benchmark index comprising 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market, selected based on market capitalization. The Invesco QQQ TrustSM, Series 1, which the fund tracks, seeks to deliver returns that closely mirror the performance of this index. By investing in FLEX Options linked to this underlying ETF, the fund aims to provide enhanced exposure to the growth potential of leading technology and innovation-driven companies.
FLEX Options offer investors a high degree of flexibility compared to standard options, allowing for the adjustment of terms to better align with specific investment objectives. This customization can include varying exercise prices, styles, and expiration dates, which facilitates a more tailored investment strategy. The use of these options in the fund enables a precise management of exposure to the underlying ETF, providing investors with a dynamic tool for optimizing returns while navigating market conditions.
As a non-diversified fund, the Innovator Growth Accelerated Plus ETF - July focuses exclusively on FLEX Options linked to the Invesco QQQ TrustSM, Series 1. This targeted investment strategy emphasizes a specialized approach to capturing the performance of the NASDAQ-100 Index, leveraging the flexibility of FLEX Options to enhance potential returns. The fund's structure is designed to appeal to investors seeking a sophisticated means of gaining exposure to high-growth sectors while managing the specifics of their investment exposure through customizable options contracts.
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