Innovator Growth-100 Power Buffer ETF - December

Innovator Growth-100 Power Buffer ETF - December is an actively managed exchange-traded fund designed to provide defined outcome exposure to the Invesco QQQ Trust, Series 1. The fund uses FLEX Options to seek participation in the index-linked growth of the QQQ reference while applying a built-in buffer against the first 15% of losses over each outcome period, subject to a predetermined upside cap and fees. It is structured as a December series product with an annual reset cycle, allowing it to be held across successive outcome periods. The fund is intended for investors seeking a rules-based, options-driven approach to large-cap U.S. growth exposure within a packaged buffer strategy. Its portfolio is concentrated around options and collateral, making it a specialized tool in the defined outcome ETF segment of the market.