FT Vest U.S. Equity Max Buffer ETF - April

FT Vest U.S. Equity Max Buffer ETF - April is an actively managed exchange-traded fund designed to deliver a defined outcome over an approximate one-year period. The fund seeks to track the price return of the SPDR S&P 500 ETF while aiming to provide the maximum available buffer against underlying losses and capping upside gains at a predetermined level for the target outcome period. It uses FLEX options to structure this exposure and resets its outcome profile each April. The fund is intended for investors looking for a rules-based equity strategy tied to large-cap U.S. stocks and broad market performance, with the buffer and cap features set at the start of each period based on prevailing market conditions. FT Vest U.S. Equity Max Buffer ETF - April is part of First Trust’s target outcome ETF lineup and focuses on managing market participation through an options-based structure.