Family: | First Trust |
Name: | FT Vest Fund of Deep Buffer ETFs |
Inception Date: | 20-Jan-2021 |
Termination Date: | |
Investment Objective: | The investment objective of the FT Vest Fund of Deep Buffer ETFs is to seek to provide investors with capital appreciation. The Fund seeks to achieve its investment objective by providing investors with US large cap equity market exposure while limiting downside risk through a laddered portfolio of four FT Vest U.S. Equity Deep Buffer ETFs ("Underlying ETFs"). Under normal market conditions the Fund will invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust ("SPY"), up to a predetermined upside cap, while providing a buffer against losses between -5% and -30% (before fees, expenses and taxes) of SPY, over a defined one-year period. Unlike the Underlying ETFs the Fund itself does not pursue a defined outcome strategy. The buffer is only provided by the Underlying ETFs and the Fund itself does not provide any stated buffer against losses. In order to understand the Funds strategy and risks, it is important to understand the strategies and risks of the Underlying ETFs. |
Prospectus | |
Top 10 Holdings | ||
FT Vest U.S. Equity Deep Buffer ETF - April | DAPR | 8.4751% |
FT Vest U.S. Equity Deep Buffer ETF - February | DFEB | 8.3475% |
FT Vest U.S. Equity Deep Buffer ETF - September | DSEP | 8.3412% |
FT Vest U.S. Equity Deep Buffer ETF - January | DJAN | 8.3389% |
FT Vest U.S. Equity Deep Buffer ETF - November | DNOV | 8.3340% |
FT Vest U.S. Equity Deep Buffer ETF - December | DDEC | 8.3336% |
FT Vest U.S. Equity Deep Buffer ETF - August | DAUG | 8.3239% |
FT Vest U.S. Equity Deep Buffer ETF - October | DOCT | 8.3189% |
FT Vest U.S. Equity Deep Buffer ETF - March | DMAR | 8.3112% |
FT Vest U.S. Equity Deep Buffer ETF - July | DJUL | 8.2865% |
Top 10 Holdings Weight: | 83.4% |
Number of Holdings: | 13 |
Shares Outstanding: | 48,550,002 |
Total Net Assets: | 1,210,837,000 |
NAV: | 24.91 |
Net Expense Ratio: | 0.95% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | Buffer protect options strategy |
Currency: | |
Commodity: | |
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Dividend Type: | |
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Maturity Duration: | |
Market Cap: | Large Cap |
Credit Quality: | |
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Leverage Direction/Factor: | |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |