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

FT Vest U.S. Equity Moderate Buffer ETF - January is an actively managed exchange-traded fund designed to provide exposure to large-cap U.S. equities through a defined-outcome options strategy. The fund seeks to track the price performance of the SPDR S&P 500 ETF Trust over a one-year outcome period, while aiming to limit losses on the first portion of market declines and cap upside participation. It primarily uses FLEX Options and collateral to construct its portfolio, making it part of First Trust’s Target Outcome Strategies lineup. FT Vest U.S. Equity Moderate Buffer ETF - January is used by investors looking for a rules-based approach to U.S. equity market participation with embedded downside buffer features and a predetermined return profile.