FT Vest U.S. Equity Deep Buffer ETF - May (DMAY)

FT U.S. Equity Deep Buffer ETF May (DMAY) is an actively managed exchange-traded fund that seeks to provide investors with exposure to the performance of the S&P 500 Price Return Index while seeking to provide a buffer against the first 15% of S&P 500 losses over the Target Outcome Period, which is approximately one year from the funds inception. The ETF is managed by First Trust Advisors L.P. and uses a strategy that involves investing in a diversified portfolio of stocks comprising the S&P 500 index while buying and selling options on the same index to help offset potential losses. The funds holdings are mostly large-cap stocks, with a sector allocation similar to that of the S&P 500 index. As an ETF, investors can buy and sell shares of DMAY throughout the trading day, making it a flexible and accessible investment option.