QCAP

FT Vest Nasdaq-100 Conservative Buffer ETF - April

$23.38
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The FT Vest Nasdaq-100 Conservative Buffer ETF - April seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq-100 Index, while providing a buffer against the first 10% of losses in the Nasdaq-100 Index over a one-year period.

Overview

ETF tracking FT Vest Nasdaq-100 Conservative Buffer ETF - April

Category Technology
Issuer Other
Inception Date 2024-04-22
Market Cap $40.9M
Average Volume N/A
Dividend Yield N/A
52-Week Range $20.45 - $23.46
VWAP $23.34

Performance

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Investment Summary

📎 Investment Objective

The FT Vest Nasdaq-100 Conservative Buffer ETF - April seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq-100 Index, while providing a buffer against the first 10% of losses in the Nasdaq-100 Index over a one-year period.

🎯 Investment Strategy

The ETF uses a buffered outcome strategy, seeking to provide a buffer against the first 10% of losses in the Nasdaq-100 Index over a one-year period. It aims to achieve this by investing in a portfolio of FT Vest Buffer ETFs and cash equivalents.

✨ Key Features

  • Seeks to provide exposure to the Nasdaq-100 Index with a 10% buffer against losses over a one-year period
  • Utilizes a buffered outcome strategy to limit downside risk
  • Resets the buffer on an annual basis in April
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The ETF's performance is subject to the overall performance of the Nasdaq-100 Index
  • Buffered loss risk: The ETF only provides a buffer against the first 10% of losses, any losses beyond that are not protected
  • Liquidity risk: As a new ETF, it may have lower trading volume and liquidity compared to more established funds
  • Regulatory risk: Changes in government regulations could impact the ETF's structure and performance

👤 Best For

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