Innovator 20 Year Treasury Bond 9 Buffer ETF (TBJL)
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TBJL Chart
Innovator 20 Year Treasury Bond 9 Buffer ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Cynthia Schlanger Ashton Thomas Private Wealth, LLC | 117,085 | $2.32M | $2.32M | -$3,195.55 | -0.14% |
Innovator 20 Year Treasury Bond 9 Buffer ETF (TBJL) FAQ
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Innovator 20 Year Treasury Bond 9 Buffer ETF Profile
| BATS Exchange | US Country |
Overview
The fund in question is dedicated to investing a substantial portion of its assets, specifically at least 80%, in FLexible EXchange® Options (FLEX Options) that are tied to the iShares 20+ Year Treasury Bond ETF (the "Underlying ETF"). FLEX Options stand out due to their customizable terms, offering a unique investment product in the exchange-traded options market. While these options are guaranteed for settlement by the Options Clearing Corporation (OCC), they carry counterparty risk associated with the OCC. Additionally, FLEX Options may exhibit lower liquidity compared to more traditional exchange-traded options. This fund is categorized as non-diversified, indicating a concentration of its investments in fewer vehicles, potentially increasing risk but also the possibility of higher returns.
Products and Services
- FLexible EXchange® Options (FLEX Options)
FLEX Options are at the core of the fund's investment strategy, representing a unique segment of the options market. These options stand out for their customizable terms, allowing for a tailored investment approach. By focusing on FLEX Options that reference the iShares 20+ Year Treasury Bond ETF, the fund leverages the potential of long-term treasury bonds through a derivative instrument. Despite their bespoke nature, investors should note the counterparty risk presented by the Options Clearing Corporation (OCC) and the likelihood of encountering less liquidity than found in traditional options markets.
