FT Vest Laddered Nasdaq Buffer ETF (BUFQ)

The FT Vest Laddered Nasdaq Buffer ETF (BUFQ) primarily aims to achieve capital growth for investors. It endeavors to accomplish this by offering exposure to prominent large-cap equities while simultaneously seeking to curb potential losses. The Fund implements this strategy through a laddered portfolio consisting of four specific FT Vest Nasdaq-100 Buffer ETFs, referred to as the "Underlying ETFs." Under typical market conditions, BUFQ commits substantially all of its holdings to these Underlying ETFs. Each Underlying ETF is designed to track the price movements of the Invesco QQQ TrustSM, Series 1 ("QQQ"), up to a predefined maximum return, and to provide a cushion against the initial 10% of QQQ's declines over a specific one-year period. It's important to note that…