DLAG

📎 Investment Objective

The FT Vest U.S. Equity Dual Directional Buffer ETF - August seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during market declines.

✨ Key Features

• Dual-directional buffer strategy that aims to limit downside risk while providing upside participation
• Resets the buffer and cap levels on an annual basis in August
• Provides exposure to the broad U.S. equity market
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The ETF's performance is tied to the U.S. equity market, and it may decline in value during market downturns
• Derivative risk: The use of options contracts to implement the buffer strategy introduces additional risks, such as counterparty risk and liquidity risk
• Cap risk: The upside participation of the fund is limited by the cap level, which may be reached during periods of strong market performance
• Reset risk: The buffer and cap levels are reset annually, which may result in less favorable terms for investors in subsequent years

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. equity market with a degree of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon. However, investors should carefully consider the fund's risks and limitations before investing.