Key stats
About FT Vest Nasdaq-100 Buffer ETF - March
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Inception date
Mar 19, 2021
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
US33740F5816
QMAR uses options in an effort to moderate losses on the Invesco QQQ Trust over a one-year period starting each March. The fund foregoes some upside return on QQQs price performance, in exchange for preventing realization of the first 10% losses, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund actively manages the flex option positions and collateral.
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 & Warrants99.33%
Mutual fund0.67%
Cash0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, QMAR doesn't pay dividends to its holders.
QMAR shares are issued by AJM Ventures LLC under the brand FT Vest. The ETF was launched on Mar 19, 2021, and its management style is Active.
QMAR expense ratio is 0.90% meaning you'd have to pay 0.90% of your investment to help manage the fund.
QMAR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QMAR invests in funds.