BUFR

Fund Description
The investment objective of the FT Cboe Vest Fund of Buffer ETFs is to seek to provide investors with capital appreciation. The Fund seeks to achieve its investment objective by providing investors with US large cap equity market exposure while limiting downside risk through a laddered portfolio of four FT Cboe Vest U.S. Equity Buffer ETFs ("Underlying ETFs"). Under normal market conditions the Fund will invest substantially all of its assets in the Underlying ETFs , which seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust ("SPY"), up to a predetermined upside cap, while providing a buffer against the first 10% (before fees, expenses and taxes) of SPY losses. The buffer is only provided by the Underlying ETFs. The Fund itself does not provide any buffer against losses. The Fund simply seeks to provide diversified exposure to all the Underlying ETFs in a single investment. In order to understand the Funds strategy and risks, it is important to understand the strategies and risks of the Underlying ETFs.
Fund Profile
Fund Name FT Cboe Vest Fund of Buffer ETFs
Fund Exchange Ticker BUFR
Fund Sponsor First Trust
Fund ISIN US33740F7556
Net Expense Ratio 1.05 %
Fund Inception Date 10 August 2020
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 26 January 2021
Asset Under Management 84.28 Million (USD)
1 Month Total Return 1.41 %
Year To Date Return 0.77 %
1 Year Total Return
3 Year Annualized Total Return
NAV 21.61
Share Outstanding 3,900,000
Top 10 Holdings (26 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
FT CBOE VEST US EQUITY BUFF FNOV ETF 0.2526336767
FT CBOE VEST US EQY BUFF-FEB FFEB ETF 0.2503117408
FT CBOE VEST US EQUITY BUFF FAUG ETF 0.2497182801
FT CBOE VEST US EQY BUFF-MAY FMAY ETF 0.2466470476
US Dollar CASH 0.0006892547