- What does MARM invest in?
- The FT Vest U.S. Equity Max Buffer ETF - March, referred to as "the Fund," is engineered to deliver investment outcomes mirroring the price performance of the SPDR S&P 500 ETF (its underlying benchmark). This is achieved by aiming to capture gains up to a predefined maximum limit, while simultaneously striving to offer the most extensive protection against declines in the underlying ETF's value. These objectives apply over an approximate one-year investment cycle, termed the "Target Outcome Period." Specifically, for the period spanning March 24, 2025, to March 20, 2026, the Fund endeavors to fully insulate investors against 100% of any losses incurred by the underlying ETF, with gross gains capped at 7.18%. However, once the Fund's operational fees and expenses are deducted, the effective cap on gains adjusts to 6.33%, and the downside protection is 99.15% of the underlying ETF's losses.
- What is the expense ratio of MARM?
- FT Vest U.S. Equity Max Buffer ETF - March (MARM) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MARM?
- FT Vest U.S. Equity Max Buffer ETF - March (MARM) manages $107.8M 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 MARM actively managed or an index fund?
- MARM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MARM launched?
- FT Vest U.S. Equity Max Buffer ETF - March (MARM) launched in March 2024 and is managed by First Trust.
- How has MARM performed?
- MARM'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.
