Latest news with #InnovatorCapitalManagement
Yahoo
29-05-2025
- Business
- Yahoo
Innovator ETFs® Announces Closure of ETFs
CHICAGO, May 29, 2025 (GLOBE NEWSWIRE) -- Innovator Capital Management, LLC (Innovator), pioneer and provider of the largest lineup of Defined Outcome ETFs™, today announced its intention to close four ETFs. Please reference the table below for important dates surrounding the closure of each ETF. Name Ticker End of ETFOutcome Period TradingHalts Liquidation U.S. Equity Accelerated ETF® - July XDJL 6/30/25 7/1/25 7/7/25 Premium Income 9 Buffer ETF™ - July HJUL 6/30/25 7/1/25 7/7/25 Premium Income 10 Barrier ETF® - July JULD 6/30/25 7/1/25 7/7/25 Premium Income 40 Barrier ETF® - July JULQ 6/30/25 7/1/25 7/7/25 The closing of the ETFs coincides with the end of their respective outcome periods. Shareholders may sell their ETF shares at any point during trading hours prior to the market close on its last day of trading. If investors do not sell their shares before trading is halted, the shares will be automatically redeemed on the liquidation date. After shares are redeemed, shareholders will receive cash equal to the amount of the net asset value (NAV) of their shares on the liquidation date. Payment will be made in the form of a liquidating distribution that is electronically credited to shareholders' brokerage or other applicable financial-intermediary accounts on or around the liquidation date. The ETFs may pay one or more dividends or other distributions prior to, or along with, any redemption payment. As is the case with any redemption of ETF shares, these liquidation proceeds will generally be subject to federal and, as applicable, state and local income taxes if the redeemed shares are held in a taxable account and the liquidation proceeds exceed the shareholder's adjusted basis in the shares redeemed. Shareholders should consult with their tax adviser for further information regarding the federal, state and/or local income tax consequences of this liquidation that are relevant to their specific situation. Innovator also intends to close the October series of the funds listed above during the 2025 calendar year. More information about these closures will be released in the coming months. The combined assets under management in the four ETFs listed above was $18.2 million as of May 15, 2025, representing 0.07% of Innovator's total AUM. Media ContactFrank Taylor / Stephanie Dressler(646) 808-3647 / (949) 269-2535Frank@ / Stephanie@ The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see 'Investor Suitability' in the prospectus. Investing involves risks. Loss of principal is possible. The Funds face numerous market trading risks, including active markets risk, authorized participation concentration risk, buffered loss risk, cap change risk, capped upside return risk, correlation risk, liquidity risk, management risk, market maker risk, market risk, non-diversification risk, operation risk, options risk, trading issues risk, upside participation risk and valuation risk. For a detailed list of Fund risks see the prospectus. The Funds' investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contains this and other important information, and it may be obtained at Read it carefully before investing. Investing involves risk. Loss of principal is possible. Innovator ETFs® are distributed by Foreside Fund Services, LLC. The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF®, Buffer ETF™, Defined Income ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF®, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETFs®, Managed Outcome ETFs®, Step-Up™, Step-Up ETFs®, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization. Copyright © 2025 Innovator Capital Management, LLC. All rights reserved. | 800.208.5212Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Yahoo
16-05-2025
- Business
- Yahoo
New Innovator Buffer ETF Offers 100% Downside Protection
Innovator Capital Management is expanding its footprint in the buffer ETF space with the Innovator Equity Managed 100 Buffer ETF (BFRZ), the firm announced Tuesday. The exchange-traded fund seeks to provide investors with 100% downside protection before fees and expenses via a one-year laddered options portfolio. Its strategy entails investing in the Solactive GBS United States 500 Index, which tracks the performance of the largest 500 companies in the U.S. stock market, then purchasing put option contracts with laddered expiration dates that are three months apart up to a year. BFRZ then sells short-dated call option contracts with expiration dates of around two weeks in an effort to fund the purchases of the put option contracts. It's actively managed by Parametric with an expense ratio of 0.89%. We've seen a surge in 'risk management' as investors pour money into money market funds, Graham Day, chief investment officer at Innovator, told But BFRZ 'is a better risk-off solution for advisors' for two reasons, he added. 'First, when you tie your upside to the equity markets, you have more upside potential than what bonds offer,' Day said. 'Second is the tax status.' He added that while investors may look at a money market fund and get 4% returns, that could actually just be 2.4% after taxes. 'For all of our 100 buffer ETFs, including BFRZ, we don't anticipate paying any capital gains distribution.' Investors that are putting money into vehicles like short-term and ultra-short-term bond funds and money market funds often think those vehicles don't come with a lot of risk, but that's not always the case, Day said. (He pointed to some of those funds that were down 5% to 7% in 2022 as an example). The goal of this new offering is to give investors a similar experience as the safety they feel with bond funds but with built-in protection and some of the equity upside exposure that the firm thinks will, over time, outperform bonds, Day said. '[The fund] gives them that same comfort of the downside protection in a more tax-advantaged nature.'Permalink | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
24-02-2025
- Business
- Bloomberg
Innovator ETFs CEO on Buffer ETF BALT
Innovator ETFs CEO, Co-Founder, and Innovator Capital Management CEO, Co-Founder Bruce Bond explains the Innovator Defined Wealth Shield ETF (ticker: BALT). (Source: Bloomberg)
Bloomberg
24-02-2025
- Business
- Bloomberg
Bruce Bond on Innovator Defined Wealth Shield ETF (BALT)
Innovator ETFs CEO, Co-Founder, and Innovator Capital Management CEO, Co-Founder Bruce Bond discusses the Innovator Defined Wealth Shield ETF (ticker: BALT). He covers seasonal investing and competition in an interview with Katie Greifeld, Eric Balchunas, and Scarlet Fu on "ETF IQ." (Source: Bloomberg)
Khaleej Times
20-02-2025
- Business
- Khaleej Times
'Stagflation' fears haunt US markets despite Trump's pro-growth agenda
Stubborn inflation and President Donald Trump's hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and relentless inflation that haunted the U.S. in the 1970s, even as markets remain upbeat on his pro-growth agenda. The potential return of stagflation, which would pressure a range of assets, has been flagged periodically over the past 50 years but not materialized as a real threat to investor portfolios. While economists and portfolio managers are not ready to say that this time is different, the dreaded scenario has crept back as a key risk for investors in recent weeks, as the prospect of trade wars and punitive tariffs cast a shadow over U.S. growth. "Stagflation has definitely re-emerged as a possibility because we have these policies that could hurt consumer demand even while persistent inflation limits the Federal Reserve's ability to maneuver," said Jack McIntyre, portfolio manager for Brandywine Global's fixed income strategies. "It's not a zero-possibility scenario any more, by a long shot." A key piece of the stagflation puzzle - inflation that refuses to cool down - lodged more firmly into place earlier this month, when government data showed consumer prices rose in January at their fastest monthly pace since August 2023, bringing the annual rate of inflation to 3%. The other piece of the puzzle, U.S. economic growth, hangs in the balance, with Trump's tariffs threatening to add inflationary pressure that could tip the scale. "What continues to concern us more than the risk of inflation is stagflation," said Tim Urbanowicz, chief investment strategist at Innovator Capital Management. "There is that sticky base of inflation to contend with but on top of that, tariffs have the potential to slow down the economy by becoming a tax on consumers and weighing on profits and economic growth." A Bank of America survey of global fund managers on Tuesday showed the proportion of investors expecting stagflation - defined by the bank as below-trend growth and above-trend inflation - over the next year stood at a seven-month high. At the same time, investors remained bullish on stocks, with a trade war seen as a low-probability risk, the survey showed. While Trump postponed imposing new tariffs on imports from Canada and Mexico for a month at the beginning of February, he has rolled out a new 10% levy on all Chinese imports and announced tariffs on global steel and aluminum imports. He has also tasked his economics team with devising plans for reciprocal tariffs on every country that taxes U.S. imports, and this week said he plans to introduce 25% tariffs on autos, semiconductors and pharmaceutical imports. Some investors believe any hit to growth from tariffs would be temporary. Over a longer-term horizon, tariffs could even promote growth, said Maddi Dessner, head of asset class services at Capital Group, boosting industries that will benefit from less competition globally. On the other hand, their initial impact could increase price pressures. "The truth is it's probably going to be somewhere in between those two things," she said, adding tariffs were partly why Capital Group now forecasts 10-year Treasury yields at 3.9% over a 20-year horizon, up from a 3.7% forecast last year. 'NOT THERE YET' Stagflation emerged as a source of anxiety as recently as 2022, when inflation rates spiked and stock and bond prices plummeted, but that scenario did not materialize as inflation eventually eased and growth remained resilient. Many believe that the U.S. economy will once again steer clear of stagflation. So-called core inflation at about 3% remains well below the levels hit in the 1970s, when the annual rate of core inflation averaged about 7%. This time around inflation expectations remain "anchored", meaning the long-term inflation picture is not fluctuating wildly with each fresh piece of economic data, said Evercore ISI in a recent note. Still, Mark Zandi, chief economist at Moody's Analytics, warned the market may be underestimating stagflation risks. The prospect of large-scale deportations of workers without visas or other work documents, another Trump campaign pledge, also would fuel inflation, he noted. "Tariffs and deportations are a recipe for inflation and hurt growth; both are negative supply shocks," he said, adding that negative supply shocks such as a crude oil price surge contributed to 1970s stagflation. Guneet Dhingra, head of US rates strategy at BNP Paribas, said the market has been "complacent" over the past six months, focusing on Trump's pro-growth policies. He said stagflation-wary investors could sell two-year Treasuries, likely to lose value due to higher inflation, and buy 10-year Treasuries that would benefit in a low-growth scenario. Surging interest in gold, which hit another all-time high on Wednesday, suggests some investors are worried, as gold is one of a handful of assets that hold their value in a stagflationary environment, said Matthew Bartolini, head of SPDR Americas Research at State Street Global Advisors. The other big winner would be cash, said Brandywine's McIntyre, but he added that for now he was holding back from making big shifts to cash-like fixed income instruments. "I'm not there yet," McIntyre said.
