CHICAGO, April 01, 2019 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (Innovator) announced today the April Series of Innovator S&P 500 Buffer ETFs have begun trading on the Cboe.
The Innovator S&P 500 Buffer ETFsm suite seeks to provide investors with exposure to the S&P 500 Price Return Index (S&P 500) up to a Cap, with downside buffer levels of 9%, 15%, or 30% over an Outcome Period of approximately one year. The ETFs reset annually and can be held indefinitely. Innovator S&P 500 Buffer ETFs, with over $390 million in AUM as of March 29, 2019, are among the fastest growing new category of ETFs in the market today.
Return profiles for the April 2019 Series – Innovator S&P 500 Buffer ETFsm, as of 4/1/19
Ticker / | Name | Buffer Level | Cap* | Outcome Period |
BAPR | Innovator S&P 500 Buffer ETF | 9.00% | 17.24% (gross) 16.45% (net of management fee) | 12 months 4/1/19 – 3/31/20 |
PAPR | Innovator S&P 500 Power Buffer ETF | 15.00% | 10.61% (gross) 9.82% (net of management fee) | 12 months 4/1/19 – 3/31/20 |
UAPR | Innovator S&P 500 Ultra Buffer ETF | 30.00% (-5% to -35%) | 10.57% (gross) 9.78% (net of management fee) | 12 months 4/1/19 – 3/31/20 |
* The Caps are shown gross and net of…