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 fund’s
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 fund’s holdings are
mostly large-cap stocks, with a sector allocation similar to that of
the S&P 500 index. The fund’s expense ratio is 0.85%, and it has total
net assets of approximately $57 million as of March 2023. As an ETF,
investors can buy and sell shares of DMAY throughout the trading day,
making it a flexible and accessible investment option. It is important
to note that while DMAY seeks to provide a buffer against losses, it
does not guarantee against losses, and investors should carefully
consider their investment objectives, risk tolerance, and time horizon
before investing.
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 fund’s
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 fund’s holdings are
mostly large-cap stocks, with a sector allocation similar to that of
the S&P 500 index. The fund’s expense ratio is 0.85%, and it has total
net assets of approximately $57 million as of March 2023. As an ETF,
investors can buy and sell shares of DMAY throughout the trading day,
making it a flexible and accessible investment option. It is important
to note that while DMAY seeks to provide a buffer against losses, it
does not guarantee against losses, and investors should carefully
consider their investment objectives, risk tolerance, and time horizon
before investing.