FT VEST U.S. EQUITY MAX BUFFER ETF - MAY

The investment objective of the FT Vest U.S. Equity Max Buffer ETF– May (the “Fund”) is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF (the "Underlying ETF")uptoa predetermined upside cap while seeking to provide the maximum available buffer (before fees and expenses), as described below, against Underlying ETF losses over an approximate period of one year (the "Target Outcome Period").