Symbols

YMAR

FT Vest International Equity Moderate Buffer ETF – March·CBOE

--(--)

Key Stats

Assets Under Management

116.51MUSD

Fund Flows (1Y)

-2.31MUSD

Dividend Yield

Discount/Premium to NAV

-0.18%

Shares Outstanding

4.30M

Expense Ratio

0.90%

About FT Vest International Equity Moderate Buffer ETF – March

Issuer

First Trust Advisors L.P.

Brand

FT Vest

Home Page

https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=YMAR

Inception Date

Mar 19, 2021

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

First Trust Advisors LP

Distributor

First Trust Portfolios LP

YMAR uses flex options in an effort to moderate losses on iShares MSCI EAFE ETF over a one-year period starting each March. The fund uses a slightly different approach than using the MSCI EAFE Index options, what is gained in favorable tax treatment may be lost in higher expense. The fund foregoes some upside return on EFA, in exchange for preventing realization of the first 10% losses. Investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund's expense ratio. The fund is actively managed.