FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL)

The FT Vest Nasdaq-100 Conservative Buffer ETF - July is a defined-outcome fund managed by First Trust Advisors with Vest Financial as sub-adviser.

The fund holds FLEX options referencing the Nasdaq-100 Index, typically via the Invesco QQQ Trust, and seeks returns linked to that index over a one-year outcome period starting each July. Its conservative buffer is designed to offer deeper downside protection than standard buffer funds, while upside is limited by a cap determined at the beginning of each period.

The options are reset annually, so the buffer and cap are renewed each July. The fund does not capture dividends and trades on Cboe BZX under the ticker QCJL.