FT Vest Laddered Buffer ETF BUFR CBOE

FT Vest Laddered Buffer ETF (BUFR) is designed to provide investors with U.S. large-cap equity market exposure while managing downside risk through a laddered portfolio strategy. The fund invests substantially all of its assets in twelve underlying FT Cboe Vest U.S. Equity Buffer ETFs, each structured to track the SPDR S&P 500 ETF Trust with capped upside potential and a 10% loss buffer over defined one-year periods. This approach allows investors to participate in large-cap equity markets while limiting losses during market downturns. As a non-diversified fund, BUFR concentrates its investments in a specialized buffered equity strategy rather than spreading assets across multiple asset classes or sectors.