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

FT Vest U.S. Equity Max Buffer ETF - August is an exchange-traded fund designed to deliver a predefined outcome linked to the price return of the SPDR S&P 500 ETF Trust over an approximate one-year period. The fund uses options-based strategies, including FLEX options, to seek participation in upside gains up to a preset cap while aiming to provide a buffer against losses in the underlying U.S. equity exposure. It is part of the FT Vest product line from First Trust and is structured for investors looking for rules-based exposure to large-cap U.S. stocks with built-in downside protection features. The ETF resets its outcome profile each August, making it a time-defined portfolio solution within the broader U.S. equity market.