GMAY
FT Vest U.S. Equity Moderate Buffer ETF - May
📎 Investment Objective
The FT Vest U.S. Equity Moderate Buffer ETF (GMAY) seeks to provide investors with moderate upside exposure to the U.S. equity market while also aiming to limit downside risk.
Overview
ETF tracking FT Vest U.S. Equity Moderate Buffer ETF - May
Performance
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Investment Summary
📎 Investment Objective
The FT Vest U.S. Equity Moderate Buffer ETF (GMAY) seeks to provide investors with moderate upside exposure to the U.S. equity market while also aiming to limit downside risk.
🎯 Investment Strategy
GMAY invests in a portfolio of U.S. equity securities and uses options strategies to provide a buffer against losses of up to 15% in the underlying equity exposure. The fund's target equity exposure is designed to participate in moderate upside market movements.
✨ Key Features
- Moderate upside equity exposure with a 15% downside buffer
- Uses options strategies to limit downside risk
- Diversified portfolio of U.S. equity securities
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk - The fund's equity exposure subjects it to the general risks of the U.S. stock market
- Options risk - The use of options strategies introduces additional risks such as counterparty risk and liquidity risk
- Tracking error risk - The fund may not perfectly track its target equity exposure and buffer
- Limited performance history - As a new fund, GMAY does not have an established long-term track record
👤 Best For
GMAY may be suitable for investors seeking moderate equity market participation with some downside protection, such as those with a moderate risk tolerance or a medium-term investment horizon. However, investors should carefully consider the fund's risks and limitations given its newness and unique strategy.