Key stats
About Innovator Growth Accelerated Plus ETF - July
Home page
Inception date
Jun 30, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
QTJL uses FLEX options, in an effort to participate in up to 3x upside price movement of the Invesco QQQ Trust ETF (Ticker: QQQ) over a one-year period starting each July. The fund caps its 3x upside participation on the returns of QQQ. The fund doesnt offer a buffer protection and will experience all subsequent losses of QQQ in a one-to-one basis. Investors who buy at any other time than the annual reset day may have very different returns. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted cap does not include the funds expense ratio, which will reduce returns.
Classification
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.62%
Cash0.38%
Displays a symbol's price movements over previous years to identify recurring trends.