FT Vest U.S. Equity Max Buffer ETF - March

FT Vest U.S. Equity Max Buffer ETF - March is an exchange-traded fund designed to deliver defined outcome exposure to U.S. large-cap equities through an options-based strategy. The fund seeks to track the price return of the SPDR S&P 500 ETF Trust while aiming to provide a preset upside cap and the maximum available downside buffer over an approximate one-year outcome period that resets each March. It uses FLEX Options to build this payoff structure, making it part of the growing defined outcome ETF category used by investors who want a rules-based equity exposure with embedded risk management features. The portfolio is centered on U.S. stock market exposure, with a structure that is intended to balance participation in market gains against partial or full protection from losses during the stated outcome period. FT Vest U.S. Equity Max Buffer ETF - March is managed by First Trust and Vest Financial.