Investment Objective/Strategy - The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - February is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR® S&P 500® ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 14.97% (before fees, expenses and taxes) and 14.12% (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 against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from February 21, 2023 to February 16, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange® Options that reference the performance of the SPDR® S&P 500® ETF Trust.
There can be no assurance that the Fund's investment objectives will be achieved.