FJSOKX Cboe Vest Large Cap Deep Buffered Portfolio


The Trust seeks to provide returns based on the price performance of shares of the Underlying ETF, subject to a capped amount. The Trust’s ability to achieve its investment objective is dependent on Unit holders purchasing Units at a price equal to their initial net asset value ($10 per Unit) and holding them until the Trust’s Mandatory Termination Date.

Strategy Description

The Trust seeks to achieve its objective by investing in a portfolio consisting of purchased and written FLEX Options and cash to pay for the fees and expenses of the Trust. The FLEX Options are listed on the Chicago Board Options Exchange (the “CBOE”) and are guaranteed by the Options Clearing Corporation (the “OCC”).

The FLEX Options are intended to generate returns based on the price performance of the Underlying ETF. The Underlying ETF is an exchange-traded fund that seeks to track performance of the S&P 500® Index (the “Underlying Index”).

The Underlying ETF is an exchange-traded unit investment trust that uses a full replication strategy, meaning it invests entirely in the Underlying Index, which is designed to track the S&P 500® Index. PDR Services, LLC (“PDR”) serves as the Underlying ETF’s sponsor.

Summary Data

Label Value
Status Secondary
Sponsor First Trust Portfolios
Series Series 8
Asset Class Alternative
Investment Strategy/Goal Volatility Hedged
Investment Type/Style Tactical Allocation - Growth

Performance Disclosure

Cumulative returns of each unit investment trust series are based on distributions received in cash and recognized on the ex-dividend date and paid out on the payable date during the life of the unit investment trust. Returns are calculated excluding the Transactional Sales Charge for each unit investment trust series but does reflect the Creation & Development Fee and trust operating expenses as incurred for each unit investment trust series. The returns do not adjust for taxes. If adjusted or taxes, the effects of taxation would reduce the performance depicted.

Past performance is no indicator of future results. Investment return and principal value will fluctuate with changes in market conditions. An investment in units of a unit investment trust when redeemed may be worth more or less than the original investment.

Unit Investment Trust ("UIT") Investment Risks

There is no assurance that a unit investment trust will achieve its investment objective.

Unit investment trusts are unmanaged. You can lose money investing in unit investment trusts. When sold, units may be worth more or less than the original amount invested. Depending upon the specific product offering, investment risks include, but are not limited to, interest rate risk, credit risk, call risk and liquidity risk.

Product(s) discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. You should not purchase an investment product or make an investment recommendation until you have read the specific offering documentation and understand the specific investment terms, features, risks, fees, charges and expenses of such investment.