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

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January is an actively managed exchange-traded fund designed to pursue a defined outcome tied to U.S. large-cap equities. The fund uses FLEX options linked to the SPDR S&P 500 ETF Trust to seek enhanced participation in positive price moves, while also aiming to buffer a portion of the first 15% of losses over its target outcome period. It is built for investors looking for a rules-based options strategy rather than direct stock selection, and it typically holds derivatives and collateral rather than a traditional basket of shares. FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January is part of First Trust’s target outcome lineup and is used in the market as a buffered equity exposure strategy focused on large-cap U.S. stocks.