FVBTHX

About FVBTHX

FT 12 Vest Large Cap Buffer Series 20 is a unit investment trust designed to offer equity investors a balance between growth potential and downside risk management. The portfolio primarily utilizes a Buffered Target Outcome strategy, employing a disciplined options approach that invests in Flexible Exchange Options (FLEX Options) tied to the performance of the SPDR S&P 500 ETF Trust, an ETF tracking the S&P 500 Index. This structure aims to provide investors with the opportunity for upside participation in U.S. large-cap equities, subject to a predefined cap, while simultaneously offering a buffer against the first 20% of losses should the market decline. The trust has a static portfolio that is held for a predetermined term, and its outcome profile—capped returns with a set buffer—applies most directly to units purchased at inception and held until maturity. By focusing on both growth and risk mitigation, FT 12 Vest Large Cap Buffer Series 20 serves as a specialized investment vehicle for those seeking equity exposure with defined risk parameters and outcome predictability within the lifecycle of the trust.