Innovator U.S. Small Cap Power Buffer - July 

The Innovator U.S. Small Cap Power Buffer ETF (KJUL) is designed to replicate the investment performance of the iShares Russell 2000 ETF (IWM). This objective is pursued up to a defined ceiling on potential gains, concurrently providing a protective cushion for investors against the initial 15% of any declines during its specified outcome period. These protective and capping mechanisms are applied prior to the consideration of fund fees and operating expenses. The ETF is structured for perpetual holding, with its cap and buffer characteristics being recalibrated approximately once a year at the conclusion of each outcome period.