The funds aim to spread market entry points and manage timing risk through a single investment structure.

First Trust Advisors has launched three actively managed laddered exchange-traded funds (ETFs), expanding its target outcome fund range. The funds invest across multiple outcome periods at different stages The funds are FT Vest Laddered US Equity Uncapped Accelerator ETF (BFXU), FT Vest Laddered US Equity Equal Weight Buffer ETF (BFEW) and FT Vest Laddered Emerging Markets Buffer ETF (BUFE). All three strategies invest in portfolios of underlying ETFs that use FLEX options to deliver define