The October Series of Innovator Capital Management’s Innovator S&P 500 Defined Outcome ETFs has begun trading on the Cboe.
“We are thrilled to be launching three new S&P 500 Defined Outcome ETFs, rolling out the October series today,” says Bruce Bond, Chief Executive Officer of Innovator Capital Management. “We have plans for a January and April Series under development, and when completed the full suite will encompass 12 ETFs in total.
“Issuing a quarterly series of Defined Outcome ETFs provides an opportunity for investors to purchase shares as close to the beginning of their respective Outcome Periods as possible. In addition, when the full suite of Defined Outcome ETFs is available, investors will have greater flexibility to lock in new buffers and caps that may become attractive as the market moves over time.
“Innovator Defined Outcome ETFs deliver outcome based investing in a way that is more accessible, liquid, transparent, and cost-effective than ever before,” continued Bruce Bond. “There are no other ETFs in the market today that provide investors defined exposures to the S&P 500, where a downside buffer level, upside growth potential, and outcome period can all be known, prior to investing.”