The quickly expanding world of buffer funds now has an option for investors who want 100% downside protection.
The Innovator Equity Defined Protection ETF (TJUL) was introduced on Tuesday, the latest in the firm's defined outcome suite of funds.
This one is designed to give investors full downside protection over a two-year period, in exchange for capped upside participation of roughly 16.6%.
Money market funds have seen huge inflows this year, suggesting many investors are still reluctant to to take on risky investments.
The fund is essentially a three-pronged options strategy, using flex options.
Persons:
Tim Urbanowicz, Aniket Ullal, Urbanowicz
Organizations:
Equity, Advisors, Trust, TJUL, Treasury