- What does BUFG invest in?
- The FT Vest Buffered Allocation Growth ETF (the "Fund") aims to generate capital appreciation for its investors. It achieves this by holding a collection of "Underlying ETFs." These Underlying ETFs are designed to track the price performance of the SPDR S&P 500 ETF Trust ("SPY"), offering potential returns up to a set maximum, or "cap." Simultaneously, they aim to shield investors from a predefined percentage of SPY's losses over a specific one-year duration. Typically, the Fund allocates nearly all its assets to these Underlying ETFs. Both the Fund and its Underlying ETFs are advised by First Trust Advisors L.P. and sub-advised by Vest Financial LLC. SPY, which is sponsored by PDR Services, LLC, itself seeks to mirror the price and yield performance of the S&P 500 Index before expenses. It's important to note that, unlike the Underlying ETFs, the Fund itself does not employ a "defined outcome" strategy. Any buffer against losses originates solely from the Underlying ETFs, not from the Fund directly. Consequently, the Fund may not fully benefit from the loss protection offered by the Underlying ETF buffers. Its overall upside potential is restricted, as its returns are tied to and capped by the maximum returns of those Underlying ETFs.
- What is the expense ratio of BUFG?
- FT Vest Buffered Allocation Growth ETF (BUFG) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BUFG?
- FT Vest Buffered Allocation Growth ETF (BUFG) manages $329.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BUFG actively managed or an index fund?
- BUFG is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BUFG's is 0.20%) because there's no security selection cost.
- When was BUFG launched?
- FT Vest Buffered Allocation Growth ETF (BUFG) launched in October 2021 and is managed by First Trust.
- How has BUFG performed?
- BUFG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
