OCTM

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

$32.37
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The FT Vest U.S. Equity Max Buffer ETF - October seeks to provide investors with a buffer against losses in the U.S. equity market up to a certain level, while providing participation in the upside of the market.

Overview

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

Category Other
Issuer Other
Inception Date 2024-10-21
Market Cap $21.8M
Average Volume N/A
Dividend Yield N/A
52-Week Range $29.92 - $32.54
VWAP $32.37

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The FT Vest U.S. Equity Max Buffer ETF - October seeks to provide investors with a buffer against losses in the U.S. equity market up to a certain level, while providing participation in the upside of the market.

🎯 Investment Strategy

The ETF uses a buffer strategy, where it aims to limit downside losses to a predetermined level (the 'buffer') while allowing investors to participate in a portion of the upside of the U.S. equity market. This is achieved through the use of options-based investments.

✨ Key Features

  • Seeks to provide a buffer against losses in the U.S. equity market up to a certain level
  • Participates in a portion of the upside of the U.S. equity market
  • Utilizes an options-based investment strategy to achieve its objective
  • Resets its buffer and participation levels on an annual basis in October

⚠️ Primary Risks

  • Market risk: The ETF's performance is tied to the performance of the U.S. equity market, and it is subject to the same market fluctuations
  • Options-based risk: The use of options-based investments introduces additional risks, such as counterparty risk and liquidity risk
  • Reset risk: The ETF's buffer and participation levels reset annually, which may result in changes to the fund's risk/return profile
  • Limited performance history: As a new ETF, it has a limited track record to evaluate its long-term performance

👤 Best For

The FT Vest U.S. Equity Max Buffer ETF - October may be suitable for investors seeking exposure to the U.S. equity market with a level of downside protection, and who have a medium to long-term investment horizon. Investors should be comfortable with the risks associated with options-based strategies and understand that the buffer and participation levels may change annually.