- What are the top holdings of ACII?
- Innovator Index Autocallable Income Strategy ETF holds 5 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does ACII have?
- ACII holds 5 positions as reported by the fund's most recent disclosure.
- What sectors does ACII invest in?
- Innovator Index Autocallable Income Strategy ETF (ACII) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is ACII most exposed to?
- ACII's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is ACII a US-only fund?
- The country allocation card on this page shows ACII's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does ACII invest in?
- ACII is actively managed, entering into OTC swap agreements. The swaps are structured to mirror the returns of autocallable instruments linked to three major US Equity ETFs: SPDR S&P 500 ETF (SPY), Invesco Nasdaq-100 ETF (QQQ), and the iShares Russell 2000 ETF (IWM). The autocallable instruments generate coupon payments that are contingent on the performance of all three ETFs and are designed so that the fund only participates in losses if one of the three indices declines more than 30%. The swap agreements are staggered across different maturity and observation dates, seeking to reduce timing and reinvestment risks. Measurement dates for the instruments include monthly coupon dates, quarterly call dates, and a final maturity date (typically three years). New autocallable positions are initiated as existing ones mature or are called. Uninvested assets are placed in short-term Treasury bills or money-market funds, as collateral for swaps. The fund may use box spread options to manage cash or generate income.
