FT Vest Laddered Deep Buffer ETF

FT Vest Laddered Deep Buffer ETF is an actively managed exchange-traded fund that seeks to provide U.S. large-cap equity exposure while attempting to reduce downside risk through a laddered portfolio of 12 FT Vest U.S. Equity Deep Buffer ETFs. The fund is designed around a defined-outcome structure, using underlying buffer ETFs with staggered reset dates so investors are not tied to a single outcome period. Its strategy aims to track broad U.S. equity market participation while applying layers of downside buffers and capped upside exposure at the underlying fund level. FT Vest Laddered Deep Buffer ETF is used by investors looking for a rules-based, options-driven approach to equity market participation within a diversified fund-of-funds structure. The ETF is managed by First Trust and focuses on large-cap U.S. stocks through its underlying exposure rather than holding individual equities directly.