Key stats
About FT Vest Emerging Market Buffer ETF - September
Home page
Inception date
Sep 20, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
ISIN
US33740F1773
TSEP utilizes FLEX options to track the price returns of the iShares MSCI Emerging Markets ETF, with an upside cap of 16.25% and a buffer against the first 10% of losses over a one-year period, starting in September. For each target outcome period, the cap and buffer are reset according to prevailing market conditions. If TSEP cannot provide the specified 10% buffer against losses or achieve the 16.25% cap, adjustments between cap and buffer will be made to align as closely as possible to these targets. Holding shares for the complete period is essential to achieve the target outcomes.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.58%
Cash0.42%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TSEP assets under management is 2.26 M USD. It's risen 2.12% over the last month.
TSEP fund flows account for 2.08 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, TSEP doesn't pay dividends to its holders.
TSEP shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Sep 20, 2024, and its management style is Active.
TSEP expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
TSEP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TSEP invests in cash.
TSEP price has risen by 1.99% over the last month, and its yearly performance shows a 12.96% increase. See more dynamics on TSEP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.49% over the last month, showed a 7.41% increase in three-month performance and has increased by 15.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.49% over the last month, showed a 7.41% increase in three-month performance and has increased by 15.44% in a year.
TSEP trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.