| Investment Objective: |
The Fund will invest at least 80% of its net assets (including borrowings for investment purposes) in equity securities and option contracts that give economic exposure to equity securities. The Fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through participation in the large-capitalization U.S. equity markets while seeking to limit any losses. Pursuant to its investment objective, the Fund intends to invest in a diversified portfolio of equity securities (the "Equity Portfolio") that are representative of the Solactive GBS United States 500 Index (the "Equity Portfolio Index"), together with put and call option contracts (the "Options Portfolio") in an effort to reduce the potential for losses associated with the returns of U.S. large capitalization equity market investments. The Innovator Equity Managed 100 Buffer ETF is designed to provide 100% downside protection, through a series of buffers, over one-year periods. Its laddered options portfolio, implemented by Parametric, is built to navigate both rising and falling markets. The Fund's option strategy may cause the Fund to forego a portion of any upside returns of the Equity Portfolio. |
