Ticker SymbolKAUG
Asset ClassAlternatives
Fund ManagerInnovator
DomicileUS
Expense Ratio0.79%
Founded at2024-08-01
Tracking Index--
KAUG was created on 2024-08-01 by Innovator. The fund's investment portfolio concentrates primarily on downside hedge alternatives. KAUG aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure.