GAUG

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

$38.62
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Moderate Buffer ETF - August (GAUG) seeks to provide investors with moderate upside exposure to the U.S. equity market while also providing a buffer against a portion of potential losses.

Overview

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

Category Other
Issuer Other
Inception Date 2023-08-21
Market Cap $316.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $32.45 - $39.03
VWAP $38.68

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Moderate Buffer ETF - August (GAUG) seeks to provide investors with moderate upside exposure to the U.S. equity market while also providing a buffer against a portion of potential losses.

🎯 Investment Strategy

GAUG aims to achieve its objective by investing in a portfolio of U.S. equity securities and using options strategies to provide a buffer against a portion of potential losses. The fund's investment approach is designed to limit downside risk while still allowing for participation in equity market gains.

✨ Key Features

  • Moderate upside exposure to the U.S. equity market
  • Buffer against a portion of potential losses
  • Options-based strategy to manage risk
  • Resets buffer and exposure levels annually in August

⚠️ Primary Risks

  • Market risk: The fund's performance is tied to the U.S. equity market, which can be volatile
  • Options risk: The use of options strategies can introduce additional risks and complexities
  • Liquidity risk: The fund may have limited trading volume, which could impact the ability to buy or sell shares
  • Concentration risk: The fund's focus on a specific investment strategy or asset class may lead to increased risk

👤 Best For

GAUG may be suitable for investors seeking moderate equity market exposure with some downside protection, who have a medium-term investment horizon and a moderate risk tolerance. The fund's annual reset feature may also appeal to investors who want to manage their risk on a regular basis.