 The
Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) is an
exchange-traded fund (ETF) that aims to provide investors with
exposure to the U.S. equity market while also offering downside
protection against losses.
The ETF uses a structured outcome
strategy that seeks to provide investors with a predetermined level of
protection against losses within a certain range of the S&P 500 Index.
UJUN invests in a portfolio of exchange-traded index options and
Treasury bills to achieve its investment objective.
Specifically, UJUN seeks to provide investors with exposure to the S&P
500 Index up to a certain percentage of the index's returns, while
also providing a buffer against the first 5% of losses in the index
over the outcome period, which is typically one year.
The ETF
is designed for investors who want to participate in potential gains
from the U.S. equity market while also limiting their downside risk.
However, it is important to note that the downside buffer only applies
within a certain range of the S&P 500 Index, and investors may still
experience losses if the index falls outside of that range.
Investing in UJUN may be suitable for investors who have a moderate
risk tolerance and are looking for a way to potentially participate in
the gains of the U.S. equity market while limiting their downside
risk. However, as with any investment, investors should carefully
evaluate the potential benefits and risks of investing in UJUN and
should consider their investment objectives, risk tolerance, and
investment time horizon before making an investment decision.
|
