FT Vest U.S. Equity Dual Directional Buffer ETF - November (DLNV)
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FT Vest U.S. Equity Dual Directional Buffer ETF - November Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NWW New Wave Wealth Advisors LLC NEW WAVE WEALTH ADVISORS LLC | 46,881 | $1.43M | $1.54M | $110,156.28 | 7.7% |
| FIB First International Bank of Israel Ltd. First International Bank of Israel Ltd. | 294,000 | $9.16M | $9.67M | $505,444.01 | 5.52% |
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FT Vest U.S. Equity Dual Directional Buffer ETF - November Profile
| BATS Exchange | US Country |
Overview
The FT Vest U.S. Equity Dual Directional Buffer ETF - November is designed with the primary investment objective of providing returns that align with the performance of the SPDR S&P 500 ETF Trust, commonly referred to as "SPY". This ETF aims to achieve positive returns for investors by matching the price return of SPY up to a certain defined cap. Additionally, it has a mechanism to address market downturns, offering protection against losses. If the value of SPY declines, the ETF seeks to either match the absolute or the inverse value of such losses, subject to an established threshold known as the Inverse Performance Threshold. This product strategically incorporates a 10% buffer, which serves to mitigate losses that exceed this threshold. The investment strategy is directed towards a one-year investment horizon, balancing both growth potential during favorable market conditions and downside protection during challenging times.
Products and Services
- U.S. Equity Dual Directional Buffer ETF
This product is designed to provide exposure to the U.S. equity market while offering a unique investment strategy that seeks to balance risk and reward. It aims to match the price performance of the SPY ETF with limitations, thereby allowing investors to capture gains up to an upside cap while providing downside protection against market losses.
- Loss Mitigation Strategy
The ETF employs a loss mitigation strategy which is crucial for providing stability in a volatile market environment. By implementing an Inverse Performance Threshold, the product is constructed to mirror either the absolute losses or the inverse performance of SPY, ensuring that investors have an exit strategy if market conditions deteriorate.
- 10% Downside Buffer
This feature offers a safeguard for investors against significant downturns. The 10% buffer means that investors can withstand some level of market loss without immediate impact on their investment, allowing for a more measured approach to navigating adverse market conditions.
- Growth Potential
In addition to providing downside protection, the ETF is structured to offer growth potential. The investment philosophy seeks to achieve positive returns in rising markets, ensuring that investors benefit from upward movements in equities, thus making it an attractive option for those looking to grow their investments over time.
- Transparent Fee Structure
Recognizing the importance of cost-efficiency in investing, this ETF includes a transparent fee structure that outlines all associated costs, ensuring that investors understand the fees involved in managing their investments. This transparency is designed to help investors maintain control and optimize their investment decisions.
