YJUN Stock Discussion
FT CBOE Vest International Equity Buffer ETF - June Description
The investment objective of the FT Cboe Vest International Equity Buffer ETF - June (the "Fund") is to seek to provide investors with returns that match the price return of the iShares MSCI EAFE ETF (the "Underlying ETF"), up to a predetermined upside cap of 11.81% (before fees and expenses) and 10.91% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Fund's management fee), while providing a buffer (before fees and expenses) against the first 10% of Underlying ETF losses, over the period from June 21, 2021 to June 17, 2022. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange® Options ("FLEX Options") that reference the price performance of the iShares MSCI EAFE ETF (the "Underlying ETF").
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