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BUFQ ETF Profile


Family: First Trust
Name: FT Vest Fund of Nasdaq-100 Buffer ETFs
Inception Date: 15-Jun-2022
Termination Date:
Investment Objective: The investment objective of the FT Vest Fund of Nasdaq-100 Buffer ETFs (the "Fund") is to seek to provide investors with capital appreciation. The Fund seeks to achieve its investment objective by providing investors with large-cap equity market exposure while attempting to limit downside risk through a laddered portfolio of four FT Vest Nasdaq-100 Buffer ETFs (the "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 Invesco QQQ TrustSM, Series 1 ("QQQ"), up to a predetermined upside cap, while providing a buffer against the first 10% (before fees, expenses and taxes) of QQQ losses, over a defined one-year period. Unlike the Underlying ETFs, the Fund itself does not pursue a target 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 Fund's strategy and risks, it is important to understand the strategies and risks of the Underlying ETFs.
Prospectus
Top 10 Holdings
FT Vest Nasdaq-100 Buffer ETF - September QSPT 25.2801%
FT Vest Nasdaq-100 Buffer ETF - March QMAR 24.9516%
FT Vest Nasdaq-100 Buffer ETF - December QDEC 24.9342%
FT Vest Nasdaq-100 Buffer ETF - June QJUN 24.8217%
US Dollar 0.0124%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 5
Shares Outstanding: 30,500,002
Total Net Assets: 915,915,100
NAV: 29.96
Net Expense Ratio: 1.00%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Buffer protect options strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic