BUFD

Fund Description
The investment objective of the FT Cboe Vest Fund of Deep 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 Deep 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 losses between -5% and -30% (before fees, expenses and taxes) of SPY, over a defined one-year period. Unlike the Underlying ETFs the Fund itself does not pursue a defined outcome strategy. The buffer is only provided by the Underlying ETFs and the Fund itself does not provide any stated buffer against losses. 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 Deep Buffer ETF
Fund Exchange Ticker BUFD
Fund Sponsor First Trust
Fund ISIN US33740U7037
Net Expense Ratio 1.05 %
Fund Inception Date 20 January 2021
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 5 October 2022
Asset Under Management 539.32 Million (USD)
1 Month Total Return -1.37 %
Year To Date Return -8.73 %
1 Year Total Return -6.80 %
3 Year Annualized Total Return
NAV 19.47
Share Outstanding 27,700,000
Top 10 Holdings (5 October 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
FT Cboe Vest U.S. Equity Deep Buffer ETF - November DNOV ETF 0.0855000000
FT CBOE VEST US DEEP BUF OCT DOCT ETF 0.0847000000
FT CBOE VEST US DEEP BUF DEC DDEC ETF 0.0844000000
FT Cboe Vest U.S. Equity Deep Buffer ETF - September DSEP ETF 0.0843000000
FT CBOE VEST U.S. EQUITY DEE DJUN ETF 0.0831000000
FT Cboe Vest U.S. Equity Deep Buffer ETF - March DMAR FUTR 0.0829000000
FT CBOE VEST US EQY DEEP BUF DFEB ETF 0.0828000000
FT Cboe Vest U.S. Equity Deep Buffer ETF - January DJAN ETF 0.0827000000
FT CBOE VEST US EQY D BU-MAY DMAY ETF 0.0826000000
FT CBOE VEST US EQ DEEP BUF DJUL ETF 0.0825000000