First Trust Vest U.S. Equity Buffer UCITS ETF

Actively managed Target Outcome Investments strategy providing capped S&P 500 price-return exposure with a 10% first-loss buffer across an approximately annual outcome period. This share class corresponds to the April outcome series; First Trust offers multiple related listings with different outcome periods, while AltETF shows one representative listing. The strategy invests substantially all assets in Cboe-cleared FLEX Options on the S&P 500. The cap and buffer reset each period, and the stated target outcome applies only to investors holding from the first through the last day of that period.