Innovator ETFs Publishes Latest Upside Cap Ranges for December Series of U.S. Equity Buffer ETFs™
Unlike structured notes, which offer limited liquidity, Innovator Defined Outcome ETFs trade throughout the day on an exchange, like a stock.
- Unlike structured notes, which offer limited liquidity, Innovator Defined Outcome ETFs trade throughout the day on an exchange, like a stock.
- As a result, the ETFs are not expected to move directly in line with the Reference Asset during the interim period.
- Consequently, ETFs usually generate fewer capital gain distributions overall, which can make them somewhat more tax-efficient than mutual funds.
- 5 Defined Outcome ETFs are not backed by the faith and credit of an Issuing institution, so they are not exposed to credit risk.