Innovator International Developed Power Buffer ETF - February

Innovator International Developed Power Buffer ETF - February is an actively managed exchange-traded fund designed to provide defined-outcome exposure to developed international equity markets outside North America. The fund seeks to participate in the price return of the iShares MSCI EAFE ETF through a FLEX options strategy, while capping upside gains and buffering the first 15% of losses over each annual outcome period. It is built for investors seeking a rules-based way to access large- and mid-cap developed market equities across Europe, Australasia, and the Far East without directly holding the underlying stocks. The February series resets each year, allowing the fund to renew its buffer and cap structure over a new outcome period. As part of Innovator’s options-based ETF lineup, it plays a niche role in the market for structured, outcome-oriented equity strategies.