QMAG

FT Vest Nasdaq-100 Moderate Buffer ETF - August

$23.25

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The FT Vest Nasdaq-100 Moderate Buffer ETF - August seeks to provide investors with moderate downside protection against losses in the Nasdaq-100 Index, while still allowing for upside participation.

Overview

ETF tracking FT Vest Nasdaq-100 Moderate Buffer ETF - August

Category Technology

Issuer Other

Inception Date 2024-08-19

Market Cap $57.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $18.78 - $23.60

VWAP $23.08

Performance

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Investment Summary

📎 Investment Objective

The FT Vest Nasdaq-100 Moderate Buffer ETF - August seeks to provide investors with moderate downside protection against losses in the Nasdaq-100 Index, while still allowing for upside participation.

🎯 Investment Strategy

The ETF uses a buffer strategy, where it aims to limit losses to a predetermined percentage (the 'buffer') during market downturns, while allowing investors to participate in a portion of the Nasdaq-100 Index's gains. The fund resets its buffer and upside cap annually in August.

✨ Key Features

Moderate downside buffer protection, limiting losses to a predetermined percentage during market declines
Potential for upside participation in the Nasdaq-100 Index's gains, subject to an annual cap
Resets buffer and upside cap annually in August
Exposure to the large-cap, technology-focused Nasdaq-100 Index

⚠️ 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
Buffered loss risk: The buffer protection is limited, and losses beyond the predetermined percentage will not be protected
Capped upside risk: The ETF's upside participation is subject to an annual cap, limiting the potential gains
Liquidity risk: As a new ETF, it may have lower trading volume and liquidity compared to more established funds

👤 Best For

The FT Vest Nasdaq-100 Moderate Buffer ETF - August may be suitable for investors seeking moderate downside protection in the technology-heavy Nasdaq-100 Index, while still maintaining some upside potential. It could be a useful component in a diversified portfolio, particularly for investors with a medium-term investment horizon and a moderate risk tolerance.