FT Vest US Equity Buffer & Protective Fund (XIDE)
BATS BATS Primary Summary
XIDE Chart
FT Vest US Equity Buffer & Protective Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 80,512 | $2.43M | $2.44M | $9,965.92 | 0.41% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 8,966 | $273,239.65 | $271,983.61 | -$1,256.04 | -0.46% |
| SL Shad Lamm Keystone Wealth Services LLC | 7,220 | $217,755.2 | $218,982.6 | $1,227.4 | 0.56% |
 Uptick Partners LLC UPTICK PARTNERS, LLC | 24,040 | $713,723 | $729,253.4 | $15,530.4 | 2.18% |
 Andrea Butler Sequent Planning LLC | 67,904 | $2.07M | $2.06M | -$6,550.86 | -0.32% |
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FT Vest US Equity Buffer & Protective Fund Profile
| BATS Exchange | US Country |
Overview
The fund described focuses on a unique investment strategy that leverages FLEX Options and short-term U.S. treasury securities to achieve its investment goals. Operating under the premise of a "target outcome strategy," this fund primarily invests in FLexible EXchange® Options (FLEX Options) that are pegged to the performance of the underlying ETF. Additionally, it seeks to bolster its portfolio with short-term U.S. treasury securities, specifically those with a maturity of one year or less. The fund's approach is characterized by its almost exclusive investment in FLEX Options and its choice of short-term treasury securities as a supplementary asset class. It is noteworthy that this fund is non-diversified, meaning it may focus its investments more narrowly than diversified funds.
Products and Services
Underpinning the fund's unique investment strategy are two primary components:
- FLexible EXchange® Options (FLEX Options): These are the bedrock of the fund's investment strategy. FLEX Options are customizable exchange-traded options products that provide the fund with the flexibility to tailor the options' terms to match its target outcome strategy. These terms can include variables such as expiration date, strike price, and exercise style. By investing substantially all of its assets in FLEX Options that reference the performance of underlying ETFs, the fund aims to benefit from the price movements of these ETFs while potentially managing risk with the customizable features of FLEX Options.
- Short-term U.S. Treasury Securities: As a complement to its primary strategy of investing in FLEX Options, the fund also allocates part of its portfolio to short-term (one year or less) U.S. Treasury securities. This investment choice is driven by the desire to achieve a degree of liquidity and safety through assets backed by the full faith and credit of the U.S. government. The inclusion of short-term Treasury securities offers a stabilizing element to the fund's otherwise innovative and targeted strategy, providing a balance between aiming for specific investment outcomes and managing overall portfolio risk.
