 The
Innovator S&P 500 Ultra Buffer ETF April (UAPR) is an exchange-traded
fund (ETF) that seeks to provide investors with exposure to the
performance of the S&P 500 Index, while also limiting downside risk.
The ETF's objective is to provide investors with upside potential to a
cap, while also providing a buffer against the first 30% of losses
over a one-year period.
UAPR invests in a portfolio of S&P 500
Index constituents, with the goal of providing investors with exposure
to the largest publicly traded companies in the United States. The
ETF's holdings are selected based on their market capitalization and
liquidity.
As of September 2021, the UAPR ETF has a net asset
value (NAV) of approximately $60 million and holds a portfolio of S&P
500 Index constituents. The ETF's expense ratio is 0.79%, which is
relatively low compared to other actively managed ETFs.
UAPR
has a unique structure that seeks to limit downside risk for
investors. The ETF utilizes a "buffer" strategy, which aims to provide
investors with protection against losses of up to 30% over a one-year
period. In exchange for this protection, the ETF also limits upside
potential to a cap.
Overall, the Innovator S&P 500 Ultra Buffer
ETF April (UAPR) could be a good investment option for investors
looking to limit downside risk while still maintaining exposure to the
S&P 500 Index. However, it is important to note that the "buffer"
strategy utilized by UAPR does not provide full protection against
losses and may not be suitable for all investors. As with any
investment, it is important to conduct thorough research and consider
factors such as risk tolerance, investment objectives, and fees before
making a decision.
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