Innovator Nasdaq-100 Power Buffer ETF - July

Innovator Nasdaq-100 Power Buffer ETF - July is an exchange-traded fund designed to provide exposure to the Nasdaq-100 through a defined outcome strategy. The fund seeks to track the return of the Invesco QQQ Trust up to a predetermined cap while buffering investors against the first 15% of losses over each outcome period, before fees and expenses. It uses options-based techniques and collateral to shape its payoff profile, with the outcome period resetting annually in July. Innovator Nasdaq-100 Power Buffer ETF - July is aimed at investors seeking structured participation in large-cap U.S. growth stocks across major sectors such as technology, consumer discretionary, and communication services, while maintaining a built-in downside buffer. As part of Innovator ETFs’ defined outcome lineup, it serves as a market tool for managing return ranges rather than tracking the index on a one-to-one basis.