FT Vest U.S. Equity Buffer ETF - December

Cboe: FDEC

Listed December 21, 2020

Investment Objective/Strategy - The investment objective of the FT Vest U.S. Equity Buffer ETF - December (the "Fund") is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 14.00% (before fees, expenses and taxes) and 13.15% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Fund's management fee), while providing a buffer against the first 10% (before fees, expenses and taxes) of Underlying ETF losses, over the period from December 21, 2020 to December 17, 2021.

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About First Trust Advisors L.P.

First Trust Advisors L.P. (“FTA”), with its affiliates in the US and Europe (together, “First Trust”), provides a variety of investment services. FTA is an investment adviser to over 130 exchange-traded funds, and also manages closed-end funds, mutual funds, unit investment trusts and separate managed accounts, and is the evaluator to unit investment trusts. In addition, FTA’s affiliate First Trust Portfolios L.P., a registered broker-dealer, is a leading sponsor of unit investment trusts. First Trust is a leader in actively managed exchange-traded funds and has investment teams specializing in equities, municipal securities, leveraged finance, alternatives, and mortgage-backed securities. For more information, please visit the First Trust website at www.ftportfolios.com. For more information, please visit .

http://www.ftportfolios.com/