Innovator Growth-100 Power Buffer ETF - August

Innovator Growth-100 Power Buffer ETF - August is an actively managed exchange-traded fund designed to provide exposure to the performance of the Invesco QQQ Trust while using an options-based buffer strategy. The fund aims to capture gains in large-cap U.S. growth stocks up to a predetermined upside cap and to cushion the first 15% of losses during its defined outcome period. Its portfolio typically combines derivative positions with collateral holdings, making it part of the defined outcome ETF segment used by investors seeking structured equity exposure. Innovator Growth-100 Power Buffer ETF - August is built around a rolling annual outcome cycle, with each series resetting at the end of its period to maintain the strategy’s target profile. The fund plays a niche role in the market by offering systematic downside protection features tied to a major technology- and growth-heavy U.S. equity benchmark.