IAPRInnovator International Developed Power Buffer ETF - April
IAPR Fund Description
IAPR aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral.
IAPR Factset Analytics Insight
IAPR uses options in an effort to moderate losses on the MSCI EAFE Index over a one-year period starting each April. The fund foregoes some upside return as well as the dividend component of the index, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 15% of the MSCI EAFE Index’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. 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 buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
IAPR Summary Data
IAPR Portfolio Data
IAPR Index Data
IAPR Portfolio Management
IAPR Tax Exposures
IAPR Fund Structure
IAPR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IAPR. IAPR is rated a N/A out of 5.
IAPR Top 10 Holdings
IAPR Performance Statistics
IAPR Benchmark Comparison Summary
IAPR Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.