FT Vest U.S. Equity Buffer ETF - June

FT Vest U.S. Equity Buffer ETF - June is an exchange-traded fund designed to provide defined-outcome exposure to U.S. large-cap equities through options linked to the SPDR S&P 500 ETF Trust. Its structure seeks to participate in market gains up to a preset cap while offering a buffer against a portion of losses during its outcome period. The fund is part of First Trust’s Target Outcome Strategies lineup and is used by investors looking for a rules-based approach to managing equity market participation and downside thresholds. It primarily focuses on listed options and collateral rather than directly holding a broad basket of operating companies, which makes its return profile different from a traditional index ETF. FT Vest U.S. Equity Buffer ETF - June is positioned within the U.S. equity market as a specialized risk-managed strategy with a defined annual cycle.