FT Vest U.S. Equity Max Buffer ETF - March (MARM)
FT Vest U.S. Equity Max Buffer ETF - March operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $34.42, up 0.04% on the session, giving a market capitalisation of $107.9M. Its beta of 0.12 implies it has historically moved less than the broad market.
The FT Vest U.S. Equity Max Buffer ETF - March, referred to as "the Fund," is engineered to deliver investment outcomes mirroring the price performance of the SPDR S&P 500 ETF (its underlying benchmark). This is achieved by aiming to capture gains up to a predefined maximum limit, while simultaneously striving to offer the most extensive protection against declines in the underlying ETF's value. These objectives apply over an approximate one-year investment cycle, termed the "Target Outcome Period." Specifically, for the period spanning March 24, 2025, to March 20, 2026, the Fund endeavors to fully insulate investors against 100% of any losses incurred by the underlying ETF, with gross gains capped at 7.18%. However, once the Fund's operational fees and expenses are deducted, the effective cap on gains adjusts to 6.33%, and the downside protection is 99.15% of the underlying ETF's losses.
FT Vest U.S. Equity Max Buffer ETF - March is most often compared with the following Financial Services names: