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FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL US) - Portfolio Construction Methodology
ETF Strategy· 2026-01-19 16:11
FT Vest Nasdaq-100 Conservative Buffer ETF – July (QCJL US) – Portfolio Construction MethodologyThe investment process governing the actively managed FT Vest Nasdaq-100 Conservative Buffer ETF – July applies a defined-outcome framework to Nasdaq-100 beta using OCC-cleared FLEX options on the Invesco QQQ Trust across a one-year outcome period that resets each July. The options package purchases puts to deliver a 20% downside buffer and sells call spreads to finance protection and cap upside; remaining assets ...