FT Vest U.S. Equity Moderate Buffer Etf - January

Business Description

This fund puts nearly all of its money into a specific type of options contract tied to the performance of a well-known ETF that tracks the S&P 500 Index. That underlying ETF holds shares in the broad range of large American companies that make up the S&P 500. Because the fund concentrates its holdings in this way, it is considered non-diversified.