AUGM

FT Vest U.S. Equity Max Buffer ETF - August

$33.73
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Max Buffer ETF - August (AUGM) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during market downturns.

Overview

ETF tracking FT Vest U.S. Equity Max Buffer ETF - August

Category Other
Issuer Other
Inception Date 2024-08-19
Market Cap $36.3M
Average Volume N/A
Dividend Yield N/A
52-Week Range $30.91 - $33.83
VWAP $33.72

Performance

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Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Max Buffer ETF - August (AUGM) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during market downturns.

🎯 Investment Strategy

AUGM utilizes a buffer protection strategy that aims to limit losses to a predetermined maximum level (the 'buffer') during periods of market decline, while allowing investors to participate in a portion of the market's upside. The fund invests in a portfolio of U.S. equities and employs options-based risk management techniques to implement the buffer protection strategy.

✨ Key Features

  • Seeks to limit downside risk during market downturns through a buffer protection strategy
  • Provides exposure to the U.S. equity market
  • Resets the buffer protection strategy on a monthly basis
  • Charges a 0.00% expense ratio

⚠️ Primary Risks

  • Market risk: The fund's performance is subject to the overall performance of the U.S. equity market
  • Derivative risk: The use of options-based strategies may not be successful in limiting downside risk as intended
  • Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price
  • Concentration risk: The fund's investments are focused on the U.S. equity market

👤 Best For

AUGM may be suitable for investors seeking U.S. equity exposure with a focus on downside risk management, particularly those with a moderate risk tolerance and a medium-term investment horizon.