Family: | First Trust |
Name: | FT Vest U.S. Equity Deep Buffer ETF - September |
Inception Date: | 18-Sep-2020 |
Termination Date: | |
Investment Objective: | The investment objective of the FT Vest U.S. Equity Deep Buffer ETF - September (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 9.25% (before fees, expenses and taxes) and 8.40% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from September 21, 2020 to September 17, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the performance of the SPDR S&P 500 ETF Trust. |
Prospectus | |
Top 10 Holdings | ||
Derivatives offset | -12,903.8900% | |
2025-09-19 SPDR S&P 500 ETF Trust C 5.67 | 12,884.6600% | |
2025-09-19 SPDR S&P 500 ETF Trust P 539.84 | 294.6900% | |
2025-09-19 SPDR S&P 500 ETF Trust C 633.49 | -217.0481% | |
US Dollar | 100.0000% | |
2025-09-19 SPDR S&P 500 ETF Trust P 397.78 | -58.4171% | |
Top 10 Holdings Weight: | 100.0% |
Number of Holdings: | 6 |
Shares Outstanding: | 6,175,002 |
Total Net Assets: | 251,170,700 |
NAV: | 40.68 |
Net Expense Ratio: | 0.85% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | Buffer protect options strategy |
Currency: | |
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Dividend Type: | |
Tax Exempt State: | |
Maturity Duration: | |
Market Cap: | Large Cap |
Credit Quality: | |
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Leverage Direction/Factor: | |
Is Currency Hedged: | No |
US or Ex-US: | Domestic |