The FT Vest U.S. Equity Moderate Buffer ETF - June (referred to as 'the Fund') is designed to offer investors exposure to the price performance of the SPDR S&P 500 ETF Trust (the 'Underlying ETF'). However, this potential for gains is capped at 12.37%. Simultaneously, it aims to shield investors from the initial 15% of any declines experienced by the Underlying ETF. All these objectives apply specifically for the duration spanning June 23, 2025, through June 18, 2026, and are calculated prior to the deduction of fees and expenses.