FT Vest Laddered International Moderate Buffer ETF (BUFY) Diversifiers

The FT Vest Laddered International Moderate Buffer ETF (BUFY) is an actively managed fund-of-funds that invests in an equal-weighted, laddered portfolio of four FT Vest International Equity Moderate Buffer ETFs. Each underlying fund targets a defined outcome on the iShares MSCI EAFE ETF (EFA), providing a buffer against a portion of downside losses while capping upside gains over approximately one-year target outcome periods. By laddering quarterly series, BUFY seeks to deliver a diversified exposure to international developed-market equities with ongoing buffered return profiles.