FT Vest Growth Strength & Target Income ETF (FGSI)

Overview

The FT Vest Growth Strength & Target Income ETF (the "Fund") aims to provide investors with current income, paired with a focus on capital appreciation. Under typical market conditions, the Fund accomplishes its investment goals by primarily investing in U.S. exchange-traded equity securities that track The Growth Strength Index (the "Index"). Additionally, the Fund employs an option strategy, which includes writing (selling) U.S. exchange-traded call options on the S&P 500 Index or exchange-traded funds that mirror the performance of the S&P 500 Index.

Products and Services

• Growth Strength Index Investments

  The Fund invests predominantly in U.S. exchange-traded equity securities aligned with the Growth Strength Index. This index is designed to identify and track companies exhibiting strong growth potential, contributing to the overall objective of capital appreciation and income generation.

• Option Strategy

  The Fund utilizes an "option strategy" that involves writing (selling) call options on the S&P 500 Index and related exchange-traded funds. This strategy aims to generate additional income for the Fund, primarily by capitalizing on option premiums while managing risk associated with the underlying equity investments.

• Current Income Generation

  With a primary objective of providing current income, the Fund utilizes its investment strategy to accumulate returns that can be distributed to shareholders. This income may benefit investors looking for regular cash flow alongside their potential for capital growth.

• Capital Appreciation Focus

  The secondary objective of the Fund is to achieve capital appreciation. The investment approach focuses on selecting growth-oriented securities that have the potential to increase in value over time, thus providing investors with a path to wealth accumulation.