FT Vest Nasdaq-100 Buffer ETF - June
QJUN
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 120 East Liberty Drive, Suite 400 Wheaton IL United States of America 60187
- IPO Date
- Jun 21, 2021
- CIK
- 0001667919
- Website
- ftportfolios.com
- Similar Companies
- Business
- FT Vest Nasdaq-100 Buffer ETF - June (QJUN) is an exchange-traded fund that seeks to provide investors with capital appreciation tied to the price return of the Invesco QQQ Trust, Series 1 (QQQ), up to a predefined cap, while offering a buffer against the first 10-15% of losses over a one-year Target Outcome Period ending in June each year; the fund invests substantially all of its assets in FLEX Options referencing QQQ, enabling participation in Nasdaq-100 Index upside potential (primarily large-cap growth stocks in technology and other sectors) subject to the cap, with downside protection through the buffer mechanism, though outcomes apply only if shares are held for the full period and caps reset based on market conditions at each period's start. Core products include this defined outcome ETF strategy, part of the broader FT Vest suite of Target Outcome ETFs encompassing buffer, enhanced buffer, and premium income variants on U.S. equity indices like the Nasdaq-100 and S&P 500; these funds utilize customized FLEX Options traded on the Cboe Options Exchange, guaranteed by the Options Clearing Corporation, targeting individual investors, financial advisors, and institutions seeking volatility-managed exposure to equity markets without leverage. The fund operates primarily in the United States, listed on Cboe BZX Exchange with assets under management of approximately $631 million as of recent data, and is non-diversified with concentrated holdings in FLEX call and put options on QQQ. First Trust Advisors L.P., founded in 1991 and headquartered in Wheaton, Illinois, serves as investment adviser, with affiliate First Trust Portfolios L.P. acting as distributor; Vest Financial LLC, established in 2012 and based in McLean, Virginia, provides sub-advisory services as the pioneer of buffer strategies and creator of the Target Outcome Investments framework. In June 2025, First Trust launched a UCITS version of the Nasdaq-100 Moderate Buffer ETF - June (QJUN) on the London Stock Exchange and SIX Swiss Exchange, expanding the strategy to European investors with a 15% buffer and perpetual structure for buy-and-hold opportunities, reflecting ongoing product suite growth amid firmwide Target Outcome assets exceeding $28 billion. Recent developments include proposed reorganizations announced in October 2025 of four Vest-managed mutual funds into First Trust series funds, enhancing integration of outcome-focused strategies; additional expansions encompass new Target Outcome ETF launches and buffered UITs throughout 2024-2025, alongside manager updates such as Trevor Lack joining in January 2025.