Innovator Equity Dual Directional 15 Buffer ETF - October

Innovator Equity Dual Directional 15 Buffer ETF - October is an actively managed exchange-traded fund designed to provide exposure to U.S. large-cap equities through a defined-outcome options strategy. The fund uses FLEX Options linked to the price performance of the SPDR S&P 500 ETF Trust, with the aim of participating in gains up to a stated upside cap while also seeking positive returns during certain market declines within a specified inverse threshold. If losses move beyond that threshold, the structure is intended to limit downside exposure only within the terms of the outcome period. The ETF is part of Innovator’s dual directional buffer lineup and is built for investors looking for a rule-based approach to equity market participation with outcome parameters that reset each period. It focuses on the U.S. equity market and combines capital appreciation objectives with embedded downside management features.