FT Vest U.S. Max Buffer ETF - Feb (FEBM)

Description:

The FT Vest U.S. Equity Max Buffer ETF (Feb) seeks to provide investors with returns (before fees and expenses) that match the price return of the SPDR SP 500 ETF (the "Underlying ETF") up to a predetermined upside cap while seeking to provide the maximum available buffer (before fees and expenses), against Underlying ETF losses over an approximate period of one year (the "Target Outcome Period"). Over the Target Outcome Period that began on February 24, 2025 and ends on February 20, 2026 the Fund seeks to buffer against the first 100% of Underlying ETF losses and limit gains up to a predetermined upside cap of 7.12%. When the Fund's fees and expenses are taken into account, the cap is 6.27% and the buffer is 99.15%.