FT Vest U.S. Equity Quarterly Max Buffer ETF

FT Vest U.S. Equity Quarterly Max Buffer ETF is a defined outcome exchange-traded fund designed to provide exposure to U.S. large-cap equities while using FLEX Options to shape a quarterly payoff profile. The fund seeks to track the price performance of the SPDR S&P 500 ETF Trust up to a predetermined upside cap, while aiming to buffer the first portion of losses over an approximate three-month outcome period. Its structure is intended to appeal to investors looking for a rules-based approach to managing upside participation and downside exposure within a single portfolio vehicle. The ETF primarily focuses on U.S. stocks and is managed within First Trust’s ETF platform. By resetting its cap and buffer each quarter, FT Vest U.S. Equity Quarterly Max Buffer ETF serves as a market tool for accessing broad U.S. equity exposure with defined-outcome characteristics.