FT Vest U.S. Equity Buffer - August 

The FT Vest U.S. Equity Buffer ETF - August (FAUG) endeavors to provide investors with returns that mirror the price performance of the SPDR S&P 500 ETF Trust (its underlying benchmark). This objective is subject to an upside limit of 14.29% and concurrently provides a defensive buffer against the first 10% of the underlying ETF's losses. Both the targeted returns and these protective features are considered prior to the deduction of the fund's own fees and expenses. This defined investment period runs from August 18, 2025, to August 21, 2026.