QCJL

FT Vest Nasdaq-100 Conservative Buffer ETF - July

$23.34

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The FT Vest Nasdaq-100 Conservative Buffer ETF - July seeks to provide investors with exposure to the Nasdaq-100 Index while aiming to limit downside risk through a buffer against losses.

Overview

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

Category Technology

Issuer Other

Inception Date 2024-07-22

Market Cap $80.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $19.15 - $23.61

VWAP $23.32

Performance

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Investment Summary

📎 Investment Objective

The FT Vest Nasdaq-100 Conservative Buffer ETF - July seeks to provide investors with exposure to the Nasdaq-100 Index while aiming to limit downside risk through a buffer against losses.

🎯 Investment Strategy

The ETF uses a conservative buffer strategy, where it seeks to provide investors with upside participation in the Nasdaq-100 Index up to a cap, while also providing a buffer against the first 10% of losses in the index. This strategy is designed to offer investors downside protection while still allowing for potential gains in rising markets.

✨ Key Features

Provides exposure to the Nasdaq-100 Index, which is composed of the 100 largest non-financial companies listed on the Nasdaq Stock Market
Employs a conservative buffer strategy to limit downside risk, with a 10% buffer against losses
Resets the buffer and cap on an annual basis, with a new fund series launched each July
Low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The ETF's performance is tied to the Nasdaq-100 Index, and it will be subject to the same market fluctuations and volatility as the underlying index
Capped upside potential: The ETF's upside participation is limited by the cap, which may be lower than the full upside of the Nasdaq-100 Index
Liquidity risk: As a new ETF with low assets under management, it may have lower trading volume and liquidity compared to more established funds
Concentration risk: The ETF is heavily concentrated in the technology sector, as the Nasdaq-100 Index is dominated by large technology companies

👤 Best For

The FT Vest Nasdaq-100 Conservative Buffer ETF - July may be suitable for investors seeking exposure to the Nasdaq-100 Index with a degree of downside protection, particularly those with a moderate risk tolerance who are willing to forgo some upside potential in exchange for a buffer against losses.