FT Vest U.S. Equity Buffer ETF - September

Frequently Asked Questions About FSEP

What does FSEP invest in?

The FT Vest U.S. Equity Buffer ETF - September aims to deliver returns that align with the price performance of its underlying benchmark, the SPDR S&P 500 ETF Trust. This includes capturing gains up to a predetermined maximum of 14.00%, while also providing a protective barrier against the initial 10% of any losses incurred by the benchmark. All stated upside limits and downside protections are calculated before any fees and expenses are applied, for the investment period spanning September 22, 2025, to September 18, 2026.

What is the expense ratio of FSEP?

FT Vest U.S. Equity Buffer ETF - September (FSEP) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSEP?

FT Vest U.S. Equity Buffer ETF - September (FSEP) manages $1.43B 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 FSEP actively managed or an index fund?

FSEP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FSEP launched?

FT Vest U.S. Equity Buffer ETF - September (FSEP) launched in September 2020 and is managed by First Trust.

How has FSEP performed?

FSEP'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.