What does FT Vest Laddered Buffer ETF invest in?▾
The FT Vest Laddered Buffer ETF aims to grow investors' capital. It achieves this by offering exposure to the U.S. large-cap equity market, while simultaneously mitigating downside risk. This is accomplished through a diversified, laddered portfolio composed of twelve distinct FT Vest U.S. Equity Buffer ETFs, referred to as "Underlying ETFs." Typically, the Fund allocates nearly all its assets to these Underlying ETFs. The Underlying ETFs are designed to replicate the price performance of the SPDR S&P 500 ETF Trust ("SPY"), before accounting for fees, expenses, and taxes. However, their gains...