The Innovator U.S. Equity Power Buffer ETF - January, managed by Innovator Capital Management and co-managed by Milliman Financial Risk Management, is a unique exchange-traded fund that focuses on the U.S. stock market. It primarily invests in large-cap companies across various sectors through derivatives, notably FLexible EXchange Options, which are linked to the SPDR S&P 500 ETF Trust's performance. Launched at the end of 2018, this fund aims to offer investors growth and value investment opportunities in a diversified portfolio.
Structured notes have long offered this kind of downside protection, but retirees had to lock up capital and accept illiquidity to get it. A new breed of ETF changes that equation in…
