The series will also provide a single exposure to the given reference asset on the downside, over a defined period.

Innovator ETFs has launched its new line of Accelerated ETFs, the first of its kind to offer investors a multiple (2x or 3x) of the upside return of a selected underlying up to a cap as well as downside protection. A total of six accelerated ETF products will be listed, four of which will seek exposure to the SPDR S&P500 ETF Trust (SPY), while the other two will be tied to the Invesco QQQ Trust (QQQ). The Accelerated ETFs launched 1 April 2021 and enable advisers to accelerate a

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