FT Vest Nasdaq-100 Conservative Buffer ETF - January

FT Vest Nasdaq-100 Conservative Buffer ETF - January is an actively managed exchange-traded fund designed to provide exposure to the price return of the Invesco QQQ Trust while incorporating a defined outcome structure. The fund seeks to capture a capped amount of upside from a Nasdaq-100-linked reference asset and to cushion a portion of losses over a specified one-year outcome period. It does this primarily through FLEX options and collateral, making it part of the growing defined outcome ETF segment. The ETF is intended for investors looking for a Nasdaq-100-oriented strategy with embedded risk management features rather than direct index replication. Its portfolio typically centers on options tied to the reference ETF, with cash or short-term instruments used to support the strategy. FT Vest Nasdaq-100 Conservative Buffer ETF - January is part of First Trust’s buffer ETF lineup and is used by market participants seeking systematic exposure with a built-in buffer and cap structure.