FT Vest U.S. Equity Buffer & Digital Return ETF - October

FT Vest U.S. Equity Buffer & Digital Return ETF - October is a defined-outcome exchange-traded fund designed to track the price performance of the SPDR S&P 500 ETF Trust through a structured options-based approach. The fund seeks to provide a buffer against the first 10% of losses on the reference asset while offering a predetermined digital return if the underlying ETF rises, is flat, or declines by no more than 10% over its outcome period. It primarily uses FLEX options and collateral, making it part of the broader FT Vest target outcome lineup focused on U.S. large-cap equity exposure. The ETF is used by investors looking for a rules-based way to access equity-market participation with built-in downside parameters over a defined term. Its role in the market is to offer an outcome-oriented alternative to traditional equity funds, with a structure centered on risk parameters and scheduled reset periods.