NMAY

Innovator Growth-100 Power Buffer ETF - May seeks to provide investors with returns that match the price return of the Invesco QQQ TrustSM, Series 1, up to the upside cap of ___% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% (prior to taking into account management fees and other fees) of Invesco QQQ TrustSM, Series 1 losses, over the period from May 1, 2025 to April 30, 2026. Under normal circumstances the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the Invesco QQQ TrustSM, Series 1 (the "Underlying ETF"). The fund is non-diversified.