Innovator ETFs has just announced their filing for two actively managed “floor” ETFs. The ETFs are, the Innovator Equity Managed Floor ETF and the Innovator Technology Managed Floor ETF. Both ETFs will be patterned on the S&P 500 looking to create a 10% floor mechanism that will purchase one-year put options targeting a 10% maximum loss.
ETF Newz Says:
This is a good strategy for a tough market to protect from bottom “floor” markets.
