FT Vest U.S. Equity Moderate Buffer ETF - February

FT Vest U.S. Equity Moderate Buffer ETF - February is an actively managed exchange-traded fund designed to provide exposure to the price performance of the SPDR S&P 500 ETF Trust through a defined outcome strategy. The fund uses FLEX options and collateral to seek participation in equity-market upside up to a predetermined cap while aiming to cushion the first portion of losses over its one-year outcome period. Its structure is intended for investors looking for a rules-based way to access large-cap U.S. equities with a built-in buffer and a limited upside range. The ETF is part of First Trust’s Target Outcome Strategies lineup and primarily serves the U.S. large-cap segment, making it relevant for portfolios seeking a more controlled equity-return profile than traditional broad-market funds.