First Trust Nasdaq 100 Modified Buffer ETF March

The First Trust Nasdaq 100 Modified Buffer ETF March is an exchange-traded fund designed to provide exposure to the Nasdaq 100 index while incorporating a buffer strategy against downside risk. This ETF aims to offer investors a modified protection mechanism by absorbing a certain percentage of the Nasdaq 100's losses over a predefined period, typically a month, hence its particular focus on March. This buffer approach can appeal to investors looking to maintain equity market exposure while seeking a measure of downside protection against market volatility. The ETF is part of the broader category of buffer ETFs, which have gained traction for providing a structured approach to risk management. By targeting the Nasdaq 100, this ETF is inherently tied to the performance of major non-financial sectors, including technology, consumer discretionary, and healthcare, reflecting the growth-oriented dynamics inherent in one of the most watched indices. As such, the First Trust Nasdaq 100 Modified Buffer ETF March holds a distinctive place within the financial market as a strategic tool for risk-mitigated equity exposure.