FT Vest Autocallable Barrier & High Income ETF

FT Vest Autocallable Barrier & High Income ETF is an actively managed exchange-traded fund designed to generate a high level of distributions while seeking reduced downside risk relative to equity markets. The fund implements an autocallable strategy through synthetic contracts, typically accessed via swap agreements and option structures, that reference a selected set of large-cap individual stocks rather than broad equity indexes. These synthetic autocallable contracts incorporate coupon and maturity barriers, which define how much adverse movement in the underlying stocks can be absorbed before coupon payments are interrupted or capital is at risk. To support these derivatives positions, the ETF holds short-term U.S. Treasury securities and related instruments as collateral, providing a highly liquid backing for its exposures. By packaging multiple autocallable positions within a single, transparent ETF, FT Vest Autocallable Barrier & High Income ETF offers market participants a streamlined way to access structured high-income profiles and defined risk characteristics tied to large-cap equity names.