BJAN – Innovator US Equity Buff ETF™ Jan – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investors with returns that match the price return of the SPDR®S&P 500®ETF Trust. The fund invests at least 80% of its net assets in FLexible EXchange® Options ("FLEX Options") that reference the SPDR® S&P 500® ETF Trust (the "underlying ETF"). FLEX Options are exchange-traded option contracts with uniquely customizable terms. Through its use of FLEX Options on the Underlying ETF, the fund has significant exposure to companies in the information technology sector. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BJAN	Innovator U.S. Equity Buffer ETF™ - January	ETF	Open	—	—	Dec 31, 2018	$351.18M	0.790%	—	—	$9.90M

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