IOCTInnovator International Developed Power Buffer ETF - October
IOCT Fund Description
IOCT 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.
IOCT Factset Analytics Insight
IOCT uses options in an effort to moderate losses on the MSCI EAFE Index over a one-year period starting each October. 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.
IOCT Summary Data
IOCT Portfolio Data
IOCT Index Data
IOCT Portfolio Management
IOCT Tax Exposures
IOCT Fund Structure
IOCT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IOCT. IOCT is rated a N/A out of 5.
IOCT Top 10 Holdings
IOCT Performance Statistics
IOCT Benchmark Comparison Summary
IOCT 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.