FT Vest U.S. Equity Max Buffer ETF - August
AUGM
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Aug 19, 2024
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest U.S. Equity Max Buffer ETF - August is an exchange-traded fund managed by First Trust Advisors L.P. that seeks to provide investors with returns, before fees and expenses, matching the price return of the SPDR S&P 500 ETF Trust up to a predetermined upside cap while seeking to provide the maximum available buffer against underlying ETF losses over an approximate one-year outcome period. The fund uses FLEX Options to implement its target outcome strategy; its core offering is exposure to U.S. large-cap equities with capped upside and buffered downside, designed for investors seeking defined-outcome equity participation rather than direct index replication. FT Vest U.S. Equity Max Buffer ETF - August is part of First Trust’s FT Vest buffer ETF lineup, and the current August outcome period shows a gross starting cap of 8.00% with a 0.00% to -100.00% buffer range for the period beginning August 24, 2026 and ending August 20, 2027; the fund is listed under ticker AUGM and is incorporated in the United States. The ETF was launched in August 2024, with a listed date of August 19, 2024 and launch date of August 16, 2024, and First Trust’s current materials show the August series as an active, recurring monthly strategy within its broader buffer-fund platform. Recent company developments reflected in current fund materials include the roll-forward of the August target outcome period and updated cap/buffer levels for 2026-2027, as well as continued expansion of First Trust’s target outcome lineup across multiple series, including max buffer, buffer, moderate buffer, deep buffer, dual directional buffer, enhance & moderate buffer, and premium income variants. The fund is issued by First Trust, part of First Trust Portfolios L.P., and is structured as an open-end investment company domiciled in the United States.