The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
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About
NJUN uses FLEX options in an effort to participate in the price performance of the Invesco QQQ Trust, up to a predetermined cap, while buffering some downside loss over a one-year period starting each June. The fund foregoes some upside return as well as any dividend component, because the options are written on the price (not total) return version of the shares. In exchange for preventing realization of the first 15% of the NASDAQ 100s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held the entire outcome period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually and uses FLEX options exclusively.
What is Innovator Growth-100 Power Buffer - June stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Boats exchange Innovator Growth-100 Power Buffer - June stocks are traded under the ticker NJUN.BOATS.
In which sector is Innovator Growth-100 Power Buffer - June located?▼
Innovator Growth-100 Power Buffer - June operates in the Other sector.
When did Innovator Growth-100 Power Buffer - June complete a stock split?▼
Innovator Growth-100 Power Buffer - June has not had any recent stock splits.