Innovator Buffer Step-Up Strategy ETF (Innovator Buffer Step-Up Strate) ETF

The fund is an actively managed ETF that seeks to provide risk-managed investment exposure to the Underlying ETF. The fund seeks to achieve its investment objective by investing in exchange-traded options contracts with one-year expirations on the Underlying ETF (the “Options Portfolio”) and may also invest directly in the Underlying ETF (or the components thereof). It is non-diversified.