Innovator Growth-100 Power Buffer ETF - November

Innovator Growth-100 Power Buffer ETF - November is an exchange-traded fund designed to provide exposure to the performance of the Invesco QQQ Trust, Series 1 through a defined-outcome strategy. It seeks to capture upside linked to the Nasdaq-100-focused QQQ up to a predetermined cap while buffering investors against the first 15% of losses during each annual outcome period, before fees and expenses. The fund uses FLEX options and collateral to implement this structure, and it resets at the end of each outcome period so it can be held continuously. Innovator Growth-100 Power Buffer ETF - November is built for investors seeking a packaged equity exposure with embedded downside buffer characteristics and capped upside participation within a rules-based options framework.