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Family: First Trust
Name: FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February
Inception Date: 16-Feb-2024
Termination Date:
Investment Objective: The investment objective of the FT Vest U.S. Equity Enhance & Moderate Buffer ETF - February (the "Fund") is to seek to provide investors with returns (before fees and expenses) of approximately twice any positive price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 11.02% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from February 20, 2024 through February 21, 2025. The Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the SPDR S&P 500 ETF Trust (the "Underlying ETF").
Prospectus
Top 10 Holdings
Derivatives offset -7,946.9630%
2026-02-20 SPDR S&P 500 ETF Trust C 6.01 7,560.7620%
2026-02-20 SPDR S&P 500 ETF Trust P 599.95 634.5079%
2026-02-20 SPDR S&P 500 ETF Trust C 629.35 -360.9977%
2026-02-20 SPDR S&P 500 ETF Trust C 599.95 347.9828%
2026-02-20 SPDR S&P 500 ETF Trust P 509.96 -235.2923%
US Dollar 100.0000%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 7
Shares Outstanding: 1,125,002
Total Net Assets: 36,186,140
NAV: 32.17
Net Expense Ratio: 0.85%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy: Buffer protect options strategy
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Maturity Duration:
Market Cap: Large Cap
Credit Quality:
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Is Currency Hedged: No
US or Ex-US: Domestic