IMAY was created on 2024-05-01 by Innovator. The fund's investment portfolio concentrates primarily on downside hedge alternatives. IMAY aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting May 1. The actively managed fund utilizes FLEX options and collateral.