Innovator U.S. Equity Power Buffer ETF - August

Innovator U.S. Equity Power Buffer ETF - August is an actively managed exchange-traded fund designed to provide exposure to the price return of the SPDR S&P 500 ETF Trust while aiming to limit the impact of the first 15% of losses over a defined outcome period. The fund also seeks to deliver returns up to a predetermined cap, which is reset each year as the August series begins a new outcome period. It primarily uses options-based strategies and collateral to create its buffered profile, making it a defined-outcome ETF tied to U.S. large-cap equity markets. Innovator U.S. Equity Power Buffer ETF - August is used by investors looking for broad U.S. equity market participation with a structured downside buffer and capped upside framework, rather than traditional index-tracking exposure.