Innovator Laddered Allocation Buffer ETF

Innovator Laddered Allocation Power Buffer ETF is an exchange-traded fund designed to provide layered exposure to U.S. large-cap equities through a portfolio of 12 Innovator U.S. Equity Power Buffer ETFs. The fund seeks to deliver participation in equity market gains, subject to caps, while using a structured buffer intended to reduce the impact of the first 15% of losses in the reference asset. Its laddered format staggers monthly outcome periods across the underlying ETFs, giving the portfolio a rolling exposure profile and periodic rebalancing. Innovator Laddered Allocation Power Buffer ETF is used by investors seeking a rules-based, outcome-oriented equity strategy that combines diversification, downside buffering, and continued participation in U.S. stock market movements.