BUFQ

FT Cboe Vest Fund of Nasdaq-100 Buffer ETFs
*Unless otherwise stated, data provided by FactSet.

BUFQ Fund Description

BUFQ is an actively managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest Nasdaq-100 Buffer ETFs.

BUFQ Factset Analytics Insight

BUFQ is a basket of defined outcome buffer ETFs. The fund consists of four equity buffer funds, each of which has exposure to QQQ’s capped gains and 10% buffered losses. BUFQ will invest equally in the underlying ETFs, holding one ETF with options expiring within three months, a second ETF with options expiring within six months, a third ETF with options expiring within nine months, and finally a fourth ETF with options expiring within 12 months. Unlike the monthly equity buffers that reset annually on a specific month, BUFQ refreshes quarterly (one of the underlying ETFs resets its cap and refreshes its buffer). This creates a continuous hedge for BUFQ regardless of each underlying ETF’s outcome period. The approach reduces the timing risks associated with a monthly buffer strategy. Information on BUFQ’s exposure to the underlying ETFs, remaining cap and buffer is provided daily on the issuer’s website.

PERFORMANCE [as of 06/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BUFQ -- -- -- -- -- -- --
BUFQ (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -8.02% -16.72% -20.91% -12.24% 10.78% 11.58% 13.07%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BUFQ Summary Data

First Trust
06/15/22
Open-Ended Fund
1.10%
$2.05M
$8.65K
0.37%
N/A

BUFQ Portfolio Data

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N/A
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BUFQ Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

BUFQ Portfolio Management

1.10%
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BUFQ Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

BUFQ Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

BUFQ Factset Analytics Block Liquidity

As of 07/01/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BUFQ. BUFQ is rated a N/A out of 5.

BUFQ Tradability

420
$8.65K
369
$7.56K
0.37%
$0.08
0.04%
0.26% / -0.06%
None
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0
$20.28
N/A

BUFQ Sector/Industry Breakdown


BUFQ
Segment Benchmark
100.00%
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BUFQ Top 10 Holdings

0.10%
100.00%

BUFQ Performance Statistics

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0.00%
MSCI USA Large Cap Index

BUFQ Benchmark Comparison Holdings

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BUFQ Benchmark Comparison Summary


BUFQ
Segment Benchmark
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BUFQ Benchmark Comparison Market Cap Size


BUFQ
Segment Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.