DMAY
FT Vest U.S. Equity Deep Buffer ETF - May
📎 Investment Objective
The FT Vest U.S. Equity Deep Buffer ETF - May (DMAY) 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 Deep Buffer ETF - May
Performance
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Investment Summary
📎 Investment Objective
The FT Vest U.S. Equity Deep Buffer ETF - May (DMAY) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk during market downturns.
🎯 Investment Strategy
DMAY uses a 'buffer' strategy, which aims to protect investors from a certain percentage of losses in the underlying index (in this case, the S&P 500 Index) over a specific one-year period. The fund utilizes options-based techniques to provide this buffer, which may help limit downside risk compared to a direct investment in the index.
✨ Key Features
- Seeks to provide exposure to the U.S. equity market with a level of downside protection
- Utilizes a 'buffer' strategy to limit losses during market downturns
- Resets the buffer protection annually in May
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The fund's value will fluctuate with the performance of the underlying index
- Option strategy risk: The effectiveness of the fund's options-based buffer strategy is not guaranteed
- Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time or price
- Concentration risk: The fund's focus on a single market segment may increase its vulnerability to factors affecting that segment
👤 Best For
DMAY may be suitable for investors seeking U.S. equity exposure with a degree of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon. The fund's buffer strategy may appeal to investors concerned about market volatility and looking to limit potential losses.