FT Vest Laddered Moderate Buffer ETF

FT Vest Laddered Moderate Buffer ETF is an actively managed exchange-traded fund designed to provide U.S. large-cap equity market exposure through a laddered portfolio of underlying moderate buffer ETFs. The fund seeks capital appreciation while using a defined-outcome structure that aims to limit downside risk across multiple rolling target outcome periods. Its portfolio is built from First Trust’s U.S. Equity Moderate Buffer ETFs, which are linked to the price returns of the SPDR S&P 500 ETF Trust and are intended to deliver buffered losses with capped upside potential. This structure makes the fund a diversified wrapper around a series of options-based equity strategies rather than a direct index tracker. FT Vest Laddered Moderate Buffer ETF is used by investors looking for broad large-cap equity participation with embedded risk-management features inside a single fund.