Innovator Balanced

Alternative Model Portfolio

The Innovator Balanced Alternative Model Portfolio seeks capital appreciation, KEY FACTS
low volatility, and long-term outperformance over a traditional balanced Innovator Balanced
Model Name
portfolio, without including any fixed income securities. The strategy invests Alternative Model
in proprietary Defined Outcome and other risk managed ETFs. The model is Morningstar ID F00001GKC7
rebalanced back to the target allocations on an annual basis. 50% U.S. Equities/
Model Benchmark
50% Core Bonds
Model Inception 6/30/2022
REASONS TO CONSIDER
CURRENT ALLOCATIONS
Ticker Weight
Simple implementation of Buffer ETFs™
BALT 25.0%

EALT 15.0%

PJAN 10.0%
Upside exposure to U.S. equities with a built in buffer against
losses of 25% to 30% PAPR 10.0%

PJUL 10.0%

POCT 10.0%
Reduce risks associated with a traditional balanced portfolio UJAN 5.0%

UAPR 5.0%

UJUL 5.0%
PERFORMING AS DESIGNED UOCT 5.0%
Innovator Balanced Traditional Traditional
Core Bonds
Alt. Model 50/50 60/40
Annualized Return 13.0% 11.3% 13.4% 0.8% As of 6/28/2024. Allocations and target weights are
subject to change.
Volatility 6.2% 9.7% 10.8% 7.2%
Past performance is not indicative of future
Max Drawdown -5.8% -12.4% -13.3% -9.9% performance. This performance information is
hypothetical and provided for illustrative purposes
Return/Risk Ratio 2.10 1.17 1.24 0.12 only. Actual outcomes may vary. Performance data
quoted is historical and does not guarantee future
results. Current performance may be lower or higher
Data from 6/30/2022 - 6/28/2024. Model returns are shown net of hypothetical trading
than the performance data quoted. Investment returns
fees consisting of estimated trade commisions of 0.05% annually. The impact of ETF fees is
and principal value of an investment will fluctuate so
reflected in the returns for all periods presented.
that an investor’s shares, when sold, may be worth
more or less than their original cost. For the most
recent month-end performance for the underlying
ADVISOR USE CASES
ETFs go to [Link].
• Maintain or increase equity exposure for retirees

• Potentially add tax alpha for non-qualified accounts

• Enhance return expectations for conservative allocations

FOR FINANCIAL PROFESSIONAL USE ONLY

UNDERLYING ETF STANDARDIZED PERFORMANCE

NAV MARKET PRICE Expense Ratio Inception

Ticker 1 Year 3 Year 5 Year Since Inception 1 Year 3 Year 5 Year Since Inception
BALT 7.78% 5.35% - 5.35% 7.67% 5.34% - 5.34% 0.69% 6/30/21
PJAN 14.52% 7.47% 7.88% 8.99% 14.58% 7.44% 7.88% 8.98% 0.79% 12/31/18
PAPR 12.02% 6.82% 6.80% 7.07% 12.17% 6.79% 6.78% 7.08% 0.79% 3/29/19
PJUL 13.50% 9.51% 8.74% 7.79% 13.53% 9.48% 8.72% 7.79% 0.79% 8/7/18
POCT 14.60% 9.55% 9.57% 8.51% 14.40% 9.56% 9.36% 8.50% 0.79% 9/28/18
UJAN 13.53% 6.27% 6.46% 7.40% 13.38% 6.21% 6.45% 7.39% 0.79% 12/31/18
UAPR 11.47% 4.27% 2.95% 3.37% 11.41% 4.18% 2.96% 3.36% 0.79% 3/29/19
UJUL 13.13% 6.58% 6.11% 5.58% 12.99% 6.50% 6.07% 5.57% 0.79% 8/7/18
UOCT 14.67% 7.31% 7.16% 6.45% 14.68% 7.30% 7.21% 6.44% 0.79% 9/28/18
EALT - - - 17.41% - - - 17.34% 0.69% 9/30/23

MODEL PERFORMANCE

1 Year Since Inception

Balanced Alternative Model
12.6% 13.0%

Data as 6/28/2024. Performance data quoted is historical and does not guarantee future results. Gross Model Returns are shown net of hypothetical trading
fees consisting of estimated trade commissions of 0.05% annually. The impact of ETF fees is reflected in the returns for all periods presented.

MODEL PORTFOLIO RISK

The model portfolios included in this presentation are for example purposes only and do not represent an different legal or accounting standards, and less government supervision and regulation of securities exchanges
actual account or the result of any actual trading. The ETFs used within the models involve risks including the in foreign countries.
possible loss of principal. There is no guarantee that the allocation of ETFs in certain percentages will result in the
demonstrated model objectives of Conservative, Balanced Alternative, All-World Equity, Controlled Growth and Small cap companies may be more volatile and susceptible to adverse developments than their mid and large
Accelerated Growth. Actual investment outcomes will vary and cannot account for the impact of financial risk in cap counterpart. In addition, the small cap companies may be less liquid than larger companies.
actual trading. This material is intended for investment advisers with the resources to independently analyze The model portfolio does not pursue a defined outcome strategy, nor does it seek to provide a buffer against
hypothetical performance and the financial expertise to understand the risks and limitations of hypothetical reference asset losses. Each Underlying ETF seeks to match the specified reference asset while providing a
performance. predetermined buffer against loss, while buffering against a predetermined amount of loss (15%) over the course
The performance of the model portfolios will be affected by the costs of ownership or trading costs, (such as of an outcome period (1 year). There is no guarantee that the defined outcome strategy of an Underlying ETF in
brokerage fees and commissions) and any possible impact of inflation plus fees and expenses of the individual any given Outcome Period will be achieved.
ETFs. Frequent trading of ETFs to maintain certain model allocations may incur charges that erode cost The model portfolio may experience investment returns that underperform the investment returns provided by
efficiency and performance. the Underlying ETFs themselves because one or more Underlying ETFs may have exhausted the buffer that it
There are certain limitations inherent in hypothetical model performance results, which include, among others, seeks to provide or have little upside available due to the reference asset return being close to or exceeding to
that hypothetical model performance: (a) does not reflect the impact that material economic and market factors its Cap.
may have had on an adviser’s decision-making had an adviser actually been managing client funds, (b) assume Defined Outcome Buffer ETFs:
that the securities used in the hypothetical results were sufficiently liquid to permit the trading used, (c) do not The outcomes that a Defined Outcome Buffer ETF seeks to provide may only be realized if you are holding
consider potential cash flows into and out of an account, and (d) benefit from a retroactive construction of a shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period,
hypothetical model with the benefit of hindsight, all of which can adversely affect actual trading results and approximately one quarter. There is no guarantee that the Outcomes for an Outcome Period will be realized or
performance. that a fund will achieve its
Innovator Capital Management, LLC (Innovator) is a Registered Investment Adviser and its affiliates, nor investment objective.
Foreside Financial Services, LLC, accept any responsibility for loss arising from the use of the information Defined Outcome buffer ETFs only seek to provide shareholders that hold shares for the entire Outcome
contained herein. Be sure to first consult with a qualified financial adviser and/or tax professional before Period with their respective buffer level against reference asset losses during the Outcome Period. You will bear
implementing any strategy. This presentation is not intended to provide investment, tax, or legal advice. all reference asset losses exceeding the buffer. Depending upon market conditions at the time of purchase, a
This is solely for informational purposes and does not intend to make an offer or solicitation for the sale or shareholder that purchases shares after the Outcome Period has begun may also lose their entire investment.
purchase of any specific securities, investments, or investment strategies. These materials are made available For instance, if the Outcome Period has begun and the Fund has decreased in value beyond the pre-determined
on an “as is” basis, without representation or warranty. The information contained in these materials has buffer, an investor purchasing shares at that price may not benefit from the buffer. Similarly, if the Outcome
been obtained from sources that Innovator Capital Management, LLC believes to be reliable, but accuracy Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit
and completeness are not guaranteed. This information is only current as of the date indicated and may from the buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.
be superseded by subsequent market events or for other reasons. Neither the author nor Innovator Capital Fund shareholders are subject to an upside return cap (the “Cap”) that represents the maximum percentage
Management, LLC undertakes to advise you of any changes in the views expressed herein. Innovator is providing return an investor can achieve from an investment in the funds’ for the Outcome Period, before fees and
this model information as ideas for possible construction of portfolios centered around, and as a means to expenses. If the Outcome Period has begun and the Fund has increased in value to a level near to the Cap, an
support the distribution of, Innovator ETFs, not as investment advice. Innovator is not providing the models as investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks.
investment, tax or financial advice to any adviser or any client of the adviser, and has no obligation to, and will Additionally, the Cap may rise or fall from one Outcome Period to the next. The Cap, and the Fund’s position
not, take into account the tax status, investment goals or other characteristics of any Adviser or any client of relative to it, should be considered before investing in the Fund. The Funds’ website, [Link],
an adviser when compiling the models. Innovator will generally receive compensation in connection with the provides important Fund information as well information relating to the potential outcomes of an investment in
management of Innovator ETFs included in a model; however, Innovator does not charge a management fee, a Fund on a daily basis.
such as the annual hypothetical model fee of 3.0% required by Orion Portfolio Solutions, LLC., in exchange for
providing information related to the model portfolio allocations. Because Innovator will only be compensated for The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETFs®, Barrier ETF™, Buffer
the compilation of models if the assets are invested in Innovator ETFs, Innovator will be incentivized to include ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Defined Protection ETF™, Define Your Future®,
Innovator ETFs in models, even if third-party ETFs are more appropriate for inclusion in models. Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading The Defined Outcome ETF Revolution™, Managed Buffer
ETFs®, Managed Outcome ETFs®, Step-Up™, Step-Up ETFs™, Target Protection ETF™ and all related names,
FLEX Options Risk The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management,
Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.
meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less
liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing Innovator ETFs are distributed by Foreside Financial Services, LLC.
out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or The underlying ETFs’ investment objectives, risks, charges and expenses should be considered carefully before
decrease at the same rate as the reference asset and may vary due to factors other than the price of reference investing. The prospectus and summary prospectus contains this and other important information, and it may be
asset. obtained at [Link]. Read it carefully before investing.
Non-U.S. securities and Emerging Markets are subject to higher volatility than securities of domestic
issuers due to possible adverse political, social or economic developments, restrictions on foreign investment or Copyright © 2024 Innovator Capital Management, LLC
exchange of securities, lack of liquidity, currency exchange rates, excessive taxation, government seizure of assets,
0724_Balanced alt._ PB FOR FINANCIAL PROFESSIONAL USE ONLY