FT Vest U.S. Equity Dual Directional Buffer ETF - August

FT Vest U.S. Equity Dual Directional Buffer ETF - August is a defined outcome exchange-traded fund that seeks to track a one-year return profile linked to the SPDR S&P 500 ETF Trust. The fund is designed to provide investors with outcomes that either capture positive market performance up to a preset upside cap or reflect a portion of negative market moves through a dual directional structure, while also incorporating a 10% buffer against losses beyond a specified threshold. It uses FLEX options to implement this strategy and is built around a recurring annual outcome period that resets in August. FT Vest U.S. Equity Dual Directional Buffer ETF - August is used by market participants looking for a rules-based equity exposure with a predefined payoff framework tied to large-cap U.S. stocks and broad market movements.