{"id":469704,"date":"2021-04-01T09:01:17","date_gmt":"2021-04-01T13:01:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469704"},"modified":"2021-04-01T09:01:17","modified_gmt":"2021-04-01T13:01:17","slug":"innovator-etfs-lists-april-series-of-msci-eafe-and-emerging-markets-power-buffer-etfs-helping-advisors-manage-risk-in-international-equities","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/innovator-etfs-lists-april-series-of-msci-eafe-and-emerging-markets-power-buffer-etfs-helping-advisors-manage-risk-in-international-equities\/","title":{"rendered":"Innovator ETFs Lists April Series of MSCI EAFE and Emerging Markets Power Buffer ETFs, Helping Advisors Manage Risk in International Equities"},"content":{"rendered":"
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\n \u201cIAPR\u201d \u2013 Innovator MSCI EAFE Power Buffer ETF \u2013 April: seeks to offer upside exposure to foreign developed markets stocks via EFA up to a cap, with a buffer against the first 15% of loss in EFA over annual outcome period<\/em>
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\n \u201cEAPR\u201d \u2013 Innovator MSCI Emerging Markets Power Buffer ETF \u2013 April: seeks to offer upside exposure to emerging markets stocks via EEM up to a cap, with a buffer against the first 15% of loss in EEM over annual outcome period<\/em>
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\n New upside caps and refreshed buffers for April series of the Power Buffer ETFs on Nasdaq-100 (NAPR), Russell 2000 (KAPR) and the S&P 500 Buffer ETFs (BAPR, PAPR, UAPR) <\/em>
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\n S&P 500 Buffer ETFs seek to provide S&P 500 exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting April 1<\/em>
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CHICAGO, April 01, 2021 (GLOBE NEWSWIRE) — Innovator Capital Management<\/a>, LLC (Innovator) today announced the launch of the latest series of the international equity Buffer ETF\u2122 suite<\/a> on the NYSE with the listing of the April series of the MSCI international equity Power Buffer ETFs\u2122, the Innovator MSCI EAFE Power Buffer ETF\u2122 \u2013 April (IAPR<\/a>) and the Innovator MSCI Emerging Markets Power Buffer ETF\u2122 \u2013 April (EAPR<\/a>). IAPR and EAPR are options-based strategies that seek to buffer the first 15% of potential losses in foreign developed market stocks, via EFA (iShares MSCI EAFE ETF) for IAPR and emerging market equities, via EEM (iShares MSCI Emerging Markets ETF) for EAPR, while offering upside exposure to their reference asset, up to the cap listed below, over the coming 12-month period.<\/p>\n

Additionally, Innovator announced the upside caps and return profiles for the existing April series of the Defined Outcome Buffer ETFs\u2122<\/a>, including the Innovator Nasdaq-100 Power Buffer ETF\u2122 (NAPR<\/a>) and the Innovator Russell 2000 Power Buffer ETF\u2122 (KAPR<\/a>) and the S&P 500 Buffer ETFs (BAPR<\/a>, PAPR<\/a>, UAPR<\/a>). The return profiles for the seven ETFs in the April Buffer ETF\u2122 series will span the year from today, April 1st<\/sup>, 2021 to March 31st<\/sup> 2022, aligning with many advisors\u2019 quarterly rebalancing and portfolio management activities.<\/p>\n

\n Return profiles for the Innovator Defined Outcome ETFs<\/strong>
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\n \u2013 April series, as of 4\/01\/21<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n
\n Ticker<\/strong>\n <\/td>\n\n Name<\/strong>\n <\/td>\n\n Buffer Level<\/strong>\n <\/td>\n\n Caps*<\/strong>\n <\/td>\n\n Outcome Period<\/strong>\n <\/td>\n<\/tr>\n
\n NAPR<\/strong>\n <\/td>\nInnovator Nasdaq-100
Power Buffer ETF\u2122 – April<\/td>\n		15.00%<\/td>\n10.38%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n
\n KAPR<\/strong>\n <\/td>\nInnovator Russell 2000
Power Buffer ETF\u2122 – April<\/td>\n		15.00%<\/td>\n11.15%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n
\n IAPR<\/strong>\n <\/td>\nInnovator MSCI EAFE
Power Buffer ETF\u2122 – April<\/td>\n		15.00%<\/td>\n9.50%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n
\n EAPR<\/strong>\n <\/td>\nInnovator MSCI Emerging Markets
Power Buffer ETF\u2122 – April<\/td>\n		15.00%<\/td>\n13.00%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n
\n BAPR<\/strong>\n <\/td>\nInnovator S&P 500
Buffer ETF\u2122 – April<\/td>\n		\u00a09.00%<\/td>\n14.00%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n
\n PAPR<\/strong>\n <\/td>\nInnovator S&P 500
Power Buffer ETF\u2122 – April<\/td>\n		15.00%<\/td>\n8.55%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n
\n UAPR<\/strong>\n <\/td>\nInnovator S&P 500
Ultra Buffer ETF\u2122 – April<\/td>\n		30.00%
(-5% to -35%)<\/td>\n		6.38%<\/td>\n12 months
4\/01\/21 \u2013 3\/31\/22<\/td>\n<\/tr>\n<\/table>\n

\n * The Caps above are shown gross of each fund\u2019s management fee (.79% for all ETFs except IAPR (.85%) and EAPR (.89%)). \u201cCap\u201d refers to the<\/em>
\n maximum potential return, before fees and expenses and any shareholder transaction fees and any extraordinary expenses, if held over the full Outcome Period. \u201cBuffer\u201d refers to the amount of downside protection the fund seeks to provide, before fees and expenses, over the full Outcome Period. Outcome Period is the intended length of time over which the defined outcomes are sought. Upon fund launch, the Caps can be found on a daily basis via www.innovatoretfs.com.<\/em>\n <\/p>\n

\u201cAdvisors who are concerned about equity market risks look to our Defined Outcome<\/a> Buffer ETFs\u2122 to provide investors participation in equities\u2019 potential upside yet risk mitigation in the event stocks don\u2019t continue their remarkable climb since the coronavirus rebound began,\u201d said Bruce Bond, CEO of Innovator ETFs<\/a>. \u201cWith five resets across Innovator\u2019s Buffer ETFs\u2122<\/a>, providing advisors with buffered exposure to core domestic equity markets, and two launches in our MSCI international equity Power Buffer ETF\u2122 suite, the beginning of the second quarter is a big moment for the Defined Outcome ETF lineup.\u201d<\/p>\n

The April Power Buffer ETFs\u2122<\/a> on the Nasdaq-100 (NAPR<\/a>) and the Russell 2000 (KAPR<\/a>) completed their first annual outcome period and reset at the end of the month. And the S&P 500 Buffer ETFs\u2122 \u2013 Innovator S&P 500 Buffer ETF\u2122 – April (BAPR<\/a>), Innovator S&P 500 Power Buffer ETF\u2122 – April (PAPR<\/a>) and Innovator S&P 500 Ultra Buffer ETF\u2122 – April (UAPR<\/a>) \u2013 completed their second annual outcome period<\/a>. <\/p>\n

The ETFs reset annually and can be held indefinitely. For additional information on the April Series of Innovator equity Buffer ETFs\u2122, visit the Innovator Defined Outcome ETF Pricing Tool<\/strong><\/a>.<\/p>\n

Starting with the January series, in 2021, Innovator will be transitioning reference assets of the underlying options within its Defined Outcome Buffer ETFs\u2122 to achieve the stated outcomes with ETF-based, or fund-based, options rather than index-based options. Innovator\u2019s Equity Buffer ETFs\u2122 have traditionally used index-based options while the Defined Outcome Bond ETFs<\/a> and Stacker ETFs\u2122 have been constructed using fund-based options. This change is intended to streamline market making and increase the operational efficiencies of the tax-efficient Buffer ETFs\u2122<\/a> and will not materially impact shareholders. The Buffer ETFs\u2122 will continue to draw from the same deeply liquid options markets pools that underpin the strategies, the level of the upside caps achieved should be unaffected and no tax event will be triggered given the options can be transferred in-kind. \u201cThese operational changes are intended to harness the power and efficiencies of the ETF wrapper even further for the benefit of our Defined Outcome Buffer ETF\u2122 investors,\u201d added Bond.<\/p>\n

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\n Innovator Defined Outcome ETFs – Benefits to Advisors<\/u>
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