First Trust lists one new Active Nasdaq-100 Equity Buffer ETF on the LSE

First Trust lists one new First Trust Vest Nasdaq-100® Moderate Buffer UCITS ETF – March on London Stock Exchange

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By ETFWorld.co.uk

Rupert Haddon Managing Director at First Trust Global Portfolios

First Trust Vest Nasdaq-100® Moderate Buffer UCITS ETF – March

The Fund is an actively managed Fund which seeks to provide investors with returns (before fees and expenses) that match the price return of the Nasdaq-100® Index, up to a predetermined upside cap, while providing a buffer (before fees and expenses) against the first 15% of Index losses, over a specified one year period.

Under normal market conditions, the Fund will invest substantially all of its assets in Flexible Exchange® Options (“FLEX Options”) that reference the price performance of the Nasdaq-100® Index.

Source: ETFWorld