FT Vest U.S. Equity Deep Buffer Fund (DAPR)

Overview

Under normal market conditions, this fund focuses primarily on investing its assets in FLexible EXchange® Options ("FLEX Options") that are based on the price performance of the SPDR® S&P 500® ETF Trust (the "Underlying ETF"). FLEX Options are unique in that they are exchange-traded options contracts with customizable features, such as exercise prices, styles, and expiration dates. This allows investors a degree of flexibility not found in standard options contracts. The fund is non-diversified, meaning it may invest a larger portion of its assets in fewer options than a diversified fund.

Products and Services

• FLEX Options Based on SPDR® S&P 500® ETF Trust

  The fund primarily invests in FLEX Options, which are specialized options contracts that reference the SPDR® S&P 500® ETF Trust. These options allow for significant customization in terms of the contract's exercise prices, exercise styles, and expiration dates. FLEX Options are traded on an exchange, providing a regulated market for these advanced investment instruments. This product is aimed at investors seeking exposure to the performance of the S&P 500 index with an added layer of flexibility in how that exposure is managed.