UXJL
FT Vest U.S. Equity Uncapped Accelerator ETF - July
📎 Investment Objective
The FT Vest U.S. Equity Uncapped Accelerator ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest U.S. Equity Uncapped Accelerator Index.
Overview
ETF tracking FT Vest U.S. Equity Uncapped Accelerator ETF - July
Performance
Price Chart
Investment Summary
📎 Investment Objective
The FT Vest U.S. Equity Uncapped Accelerator ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the FT Vest U.S. Equity Uncapped Accelerator Index.
🎯 Investment Strategy
The ETF invests in a portfolio of U.S. equity securities that are designed to provide uncapped upside exposure to the U.S. equity market, while limiting downside risk through a protective put option overlay.
✨ Key Features
- Provides uncapped upside exposure to the U.S. equity market
- Utilizes a protective put option overlay to limit downside risk
- Rebalances and reconstitutes the portfolio on a monthly basis
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Derivative risk: The use of options and other derivatives may not achieve the desired effect and could result in losses
- Concentration risk: The ETF's performance may be more volatile due to its focus on U.S. equities
- Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price
👤 Best For
The FT Vest U.S. Equity Uncapped Accelerator ETF may be suitable for investors seeking exposure to the U.S. equity market with the potential for uncapped upside and some downside protection. However, the fund's use of derivatives and concentration in U.S. equities may make it more volatile and riskier than a traditional equity index fund, so it is best suited for investors with a higher risk tolerance and a longer investment horizon.