APXM
FT Vest U.S. Equity Max Buffer ETF - April
📎 Investment Objective
The FT Vest U.S. Equity Max Buffer ETF - April seeks to provide investors with a buffer against losses in the U.S. equity market over a specific one-year period, while providing upside participation.
Overview
ETF tracking FT Vest U.S. Equity Max Buffer ETF - April
Performance
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Investment Summary
📎 Investment Objective
The FT Vest U.S. Equity Max Buffer ETF - April seeks to provide investors with a buffer against losses in the U.S. equity market over a specific one-year period, while providing upside participation.
🎯 Investment Strategy
The ETF uses a defined outcome strategy, investing in a portfolio of options contracts on the S&P 500 Index to provide a buffer against the first 10-20% of losses in the underlying index over a one-year period, while allowing for participation in a portion of the index's gains.
✨ Key Features
- Defined outcome strategy with a one-year investment period
- Provides a buffer against the first 10-20% of losses in the S&P 500 Index
- Allows for participation in a portion of the index's gains
- Resets the buffer and participation levels annually in April
⚠️ Primary Risks
- Market risk - The ETF's value will fluctuate with the underlying S&P 500 Index
- Opportunity risk - The buffer and participation levels may not be optimal for all market conditions
- Liquidity risk - The ETF may have limited trading volume and liquidity
- Counterparty risk - The ETF's options contracts are subject to the creditworthiness of the counterparty
👤 Best For
This ETF may be suitable for investors seeking equity market exposure with a defined level of downside protection, who have a one-year investment horizon and are comfortable with the risks associated with options-based strategies.