Fund Description
The investment objective of the FT Cboe Vest Nasdaq-100 BufferETF - September (the "Fund") is to seek to provide investors with returns that match the price return of the Invesco QQQ Trust SM, Series 1 (the "Underlying ETF"), up to a predetermined upside cap of 13.65% (before fees, expenses and taxes) and 12.75% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from September 20, 2021 through September 16, 2022. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the Underlying ETF.
Fund Profile
Fund Name FT Cboe Vest Nasdaq-100 Buffer ETF - September
Fund Exchange Ticker QSPT
Fund Sponsor First Trust
Fund ISIN US33740U8365
Net Expense Ratio 0.90 %
Fund Inception Date 17 September 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 35.32 Million (USD)
1 Month Total Return -2.44 %
Year To Date Return -17.79 %
1 Year Total Return -13.06 %
3 Year Annualized Total Return
NAV 17.23
Share Outstanding 2,050,000
Top 10 Holdings (5 October 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
2023-09-15 Invesco QQQ Trust Series 1 C 2.89 OPTN 0.9728000000
2023-09-15 Invesco QQQ Trust Series 1 P 289.32 OPTN 0.1061000000
US Dollar CASH 0.0115000000
2023-09-15 Invesco QQQ Trust Series 1 P 260.39 OPTN -0.0683000000
2023-09-15 Invesco QQQ Trust Series 1 C 368.22 OPTN -0.0222000000