Innovator ETFs Announces Upside Caps for January Series and Hit 100 Period Completions
January 03, 2022 at 14:51 PM EST
Innovator Capital Management, LLC , a provider of Defined Outcome ETFs™, today announced the upside caps of the new January series of the Innovator Accelerated ETFs™. Accelerated ETFs™ are the world’s first ETFs that seek to offer a multiple of the upside return of a reference asset (SPY1 or QQQ2), up to a cap, with approximately single exposure on the downside. Part of Innovator’s Defined Outcome ETF™ family, the accumulation-oriented Accelerated ETFs™ offer advisors the ability to accelerate a portfolio’s equity performance to a cap over a one-year or three-month outcome period. The strategies within the new January series will operate on an annual basis.