The Innovator Premium Income 40 Barrier ETF™ is designed to provide investment performance for each Outcome Period that is equal to the Defined Distribution Rate, subject to the losses experienced by the S&P 500 Price Return Index (U.S. Equity Index), if such losses exceed the Barrier at the end of the Outcome Period.
The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see “Investor Suitability” in the prospectus. Unlike funds that utilize defined outcome investment strategies, the funds do not provide a buffer against all underlying ETF losses or a floor that provides a maximum amount of underlying ETF losses, which could cause loss of the entire investment prior to consideration of any defined distribution payments.
The outcomes that the Fund seeks to provide may only be realized if you are holding shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period, approximately one year. There is no guarantee that the Outcomes for an Outcome Period will be realized or that the Fund will achieve its investment objective.