FNGRQX

About FNGRQX

FT 11543 Vest LC Deep 20 Series 61 Mutual Fund is a unit investment trust designed to offer equity investors the potential for growth in upward-trending markets while incorporating a risk mitigation strategy in downturns. The fund primarily uses a disciplined options approach by investing in FLexible EXchange® Options (FLEX Options) that reference the SPDR® S&P 500® ETF Trust, which tracks the S&P 500 Index. This structure allows the fund to provide a capped upside return, meaning gains are limited to a predetermined level, while offering a “deep buffer” feature that helps shield a portion of the investment from significant market declines. The portfolio is static, holding its positions until a set termination date, and its performance is closely tied to the underlying reference asset and the outcome of the options strategy at expiry. This approach aims to balance growth potential with defined downside risk, making it a distinctive choice within the structured outcome investment space for investors seeking more predictable outcomes from large-cap U.S. equity exposure.