On Tuesday, Innovator Capital Management launched a buffer ETF with 100% fall protection.
The price will not fall below the entry point of the fund to the market.
The fund trades under the ticker symbol TJUL and will track the S&P 500 for two years.
“Our goal is for TJUL to provide our clients with the ability to stay in the marketplace with significant built-in risk management.”
The Innovator Equity Defined Protection ETF, the first exchange-traded fund designed to provide 100% fall protection, was launched on Tuesday.
Innovator Capital Management said it will cap SPDR...
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