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Business Wire
8 months ago
First Trust Expands Target Outcome® Lineup with Launch of DGOC, A 10% Buffer ETF that Seeks to Provide Positive Return Potential in Up, Flat, and Modestly Down Markets
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched the FT Vest U.S. Buffer & Digital Return ETF – October (Cboe: DGOC) (the “fund”). DGOC seeks to provide investors with a buffer against the first 10% of losses on the price returns of the SPDR® S&P 500® ETF Trust (“SPY” or the “Underlying ETF”) while also providing a predetermined return level (“digital return”).
