The funds will aim to provide core equity exposure with reduced volatility while seeking protection against the first 10% of reference asset losses over a rolling one-year period.

Illinois-headquartered Innovator Capital Management (Innovator), an issuer of exchange-traded funds (ETFs) with built-in risk management, has debuted four ETFs under its Managed Buffer ETFs suite. The funds will be sub-advised by Parametric  The funds include the Innovator Equity Managed 10 Buffer ETF (XBFR), the Innovator Nasdaq-100 Managed 10 Buffer ETF (NBFR), the Innovator US Small Cap Managed 10 Buffer ETF (KBFR) and the Innovator International Developed Managed 10 Buffer ETF (IBFR