FT Vest Autocallable Barrier & High Income ETF is an actively managed fund that enters into swap agreements and option contracts to replicate the defined return characteristics of autocallable yield notes linked to a diversified portfolio of 10-15 large non-financial U.S. companies. The investment strategy seeks to generate high income via coupon payments while employing a 60% barrier to limit downside losses at maturity, provided the underlying stock prices do not drop below this predefined threshold.
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