NAPRInnovator Growth-100 Power Buffer ETF - April
NAPR Fund Description
NAPR aims for specific buffered losses and capped gains on the NASDAQ 100 over a specific holdings period. The actively-managed fund holds options and collateral.
NAPR Factset Analytics Insight
NAPR uses options in an effort to moderate losses on the NASDAQ 100 over a one-year period starting each April. The fund foregoes some upside return as well as any dividend component, 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 NASDAQ 100’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 funds expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
NAPR Summary Data
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NAPR Portfolio Management
NAPR Tax Exposures
NAPR Fund Structure
NAPR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NAPR. NAPR is rated a N/A out of 5.
NAPR Top 10 Holdings
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NAPR Benchmark Comparison Summary
NAPR Benchmark Comparison Market Cap Size