Key stats
About FT Vest Buffered Allocation Defensive ETF
Expense ratio
1.05%
Home page
www.ftportfolios.com/retail/etf/etfsummary.aspx?Ticker=BUFT
Inception date
Oct 26, 2021
BUFT is a basket of defined outcome buffer ETFs. It consists of five to seven equity buffer funds, taken from a universe of defined outcome ETFs (U.S. Equity Buffer, U.S. Equity Deep Buffer, and U.S. Equity Enhance & Moderate Buffer) offered by the issuer. Each underlying ETF has exposure to SPYs capped gains and provides buffer to either the first 10%, first 15%, or 5%-30% of losses, over a defined one-year period. For selection and weighting, the fund adviser considers various factors including the current price of SPY, NAV, target outcome period, implied volatility, price sensitivity, remaining cap, and remaining buffer. Underlying ETFs are also selected such that the resulting portfolio has an optimal downside protection, while providing some upside growth participation. The portfolio is evaluated on a monthly basis. Information on BUFTs exposure to the underlying ETFs is provided daily on the issuers website.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.