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You can also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com. www.ftportfolios.com/fund-documents/etf/RJMG 1-800-621-1675 info@ftportfolios.com <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;" title="oef:ExpensesTextBlock">WHAT WERE THE FUND COSTS FOR THE LAST YEAR?</div><div style="margin-top:0px;margin-bottom:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;">(Based on a hypothetical $10,000 investment)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid"> <tr style="page-break-inside:avoid;border-bottom-style:solid;border-bottom-width:1pt;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom;">Fund</td> <td style="page-break-inside: avoid; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs of a $10,000 investment</td> <td style="page-break-inside: avoid; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom;">Costs paid as a percentage<br/> of a $10,000 investment</td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">FT Raymond James Multicap Growth Equity ETF</td> <td style="page-break-inside: avoid; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;"> <span style="width:12pt"> </span> <span style="float:none">$</span>33<sup style="vertical-align:3.2pt">(1)</sup></td> <td style="page-break-inside: avoid; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; vertical-align: bottom;">0.85<span>%</span><sup style="vertical-align:3.2pt">(2)</sup></td> </tr> </table><table style="width:100%;border-collapse:collapse;page-break-inside:avoid"> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt">(1)</sup></div> </td> <td style="page-break-inside: avoid; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">The Fund commenced investment operations on January 17, 2024.  Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher.</div> </td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; font-kerning: none; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; width: 1.8em; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">​<sup style="vertical-align:3.2pt">(2)</sup></div> </td> <td style="page-break-inside: avoid; padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: rgb(0, 0, 0); text-align: left; vertical-align: top;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:7.5pt;margin-top:0px;margin-bottom:0px;">Annualized.</div> </td> </tr> </table> 33 0.0085 <div style="margin-bottom:14pt;"> <div style="break-inside:avoid;"> <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:14pt;">HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?</div> <div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;font-kerning:none;white-space:pre-wrap;margin-bottom:10pt;">The Fund returned 6.76% for the period from the Fund’s inception on January 17, 2024 through May 31, 2024. The Fund underperformed its benchmark, the Russell 3000<sup>®</sup> Growth Index, which returned 12.69% for the Period.</div> </div> <ul style="padding-top: 0; padding-right: 0; padding-bottom: 0; padding-left: 0; margin-top: 0; margin-right: 0; margin-bottom: 0; margin-left: 0; break-inside: avoid;"> <li style="padding-left: 13.5pt; margin-left: 30pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; list-style-type: disc;"> <div style="margin-top:0px;margin-bottom:0px;font-kerning:none;">The Consumer Discretionary and Health Care sectors were the top contributing sectors during the Period, while the Information Technology sector was the biggest detractor to the Fund’s performance during the Period.</div> </li> <li style="padding-left: 13.5pt; margin-left: 30pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; list-style-type: disc;"> <div style="margin-top:0px;margin-bottom:0px;font-kerning:none;">Individual security selection in the Consumer Discretionary and Health Care sectors aided in performance during the Period. Security selection in the Information Technology sector was a headwind over the Period.</div> </li> <li style="padding-left: 13.5pt; margin-left: 30pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; list-style-type: disc;"> <div style="margin-top:0px;margin-bottom:0px;font-kerning:none;">As of the end of the Period, the Fund’s portfolio maintains an overweight to the Real Estate and Financials sectors, and an underweight to the Information Technology and Industrials sectors, relative to its benchmark.</div> </li> <li style="padding-left: 13.5pt; margin-left: 30pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; list-style-type: disc;"> <div style="margin-top:0px;margin-bottom:0px;font-kerning:none;">As of the end of the Period, the Fund’s portfolio maintained a broad diversification across Market Caps with an underweight to Large Caps relative to its benchmark.</div> </li> <li style="padding-left: 13.5pt; margin-left: 30pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; list-style-type: disc;"> <div style="margin-top:0px;margin-bottom:0px;font-kerning:none;">Top contributors to the Fund’s performance during the Period included NVIDIA Corp., which had an average weight of 2.73%, appreciated by 91.99%, and contributed 2.00% to the Fund’s overall performance; and Natera, Inc., which had an average weight of 2.75%, appreciated by 57.68%, and contributed 1.35% to the Fund’s overall performance.</div> </li> <li style="padding-left: 13.5pt; margin-left: 30pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; list-style-type: disc;"> <div style="margin-top:0px;margin-bottom:0px;font-kerning:none;">Top detractors from the Fund’s performance during the Period included Fastly, Inc., which had an average weight of 2.22%, depreciated 55.96%, and detracted 1.65% from the Fund’s overall performance; and Lululemon Athletica, Inc., which had an average weight of 2.13%, depreciated 34.65%, and detracted 0.91% from the Fund’s overall performance.</div> </li> </ul> </div> <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">FUND PERFORMANCE (January 17, 2024 to May 31, 2024)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.</div><div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;margin-bottom:3pt;font-weight:bold;">Investment Performance of $10,000</div><div style="margin-bottom:20pt;"> <img alt="Fund Performance - Growth of 10K" src="chartimages_7982334.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 468pt;"/> </div> <table style="width:100%;border-collapse:collapse;page-break-inside:avoid;margin-bottom:1ex" title="oef:AvgAnnlRtrTableTextBlock"> <tr style="page-break-inside:avoid;border-bottom-style:solid;border-bottom-width:1pt;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 1pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; font-style: normal; width: 60%; vertical-align: bottom;">Average Annual Total Returns (as of May 31, 2024)</td> <td style="page-break-inside: avoid; text-align: right; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; vertical-align: bottom; font-style: normal;">Since<br/> Inception<br/> (1/17/24)</td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 12pt; text-align: left; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-family: 'TimesNewRomPSPro'; font-style: normal;">FT Raymond James Multicap Growth Equity ETF</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">6.76<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 12pt; text-align: left; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-family: 'TimesNewRomPSPro'; font-style: normal;">Russell 3000<sup style="vertical-align:3.2pt">®</sup> Index</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">11.34<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 12pt; text-align: left; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-family: 'TimesNewRomPSPro'; font-style: normal;">Russell 3000<sup style="vertical-align:3.2pt">®</sup> Growth Index</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;">12.69<span>%</span></td> </tr> </table> 2024-01-17 FT Raymond James Multicap Growth Equity ETF 0.0676 Russell 3000® Index 0.1134 Russell 3000® Growth Index 0.1269 Visit <span style="color:rgb(0, 60, 113);white-space:nowrap;text-decoration-line:underline">www.ftportfolios.com/etf/RJMG</span> for more recent performance information. The Fund’s past performance is not a good predictor of the Fund’s future performance. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:10pt;">KEY FUND STATISTICS (As of May 31, 2024)</div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid"> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Fund net assets</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"> <span style="width:12pt"> </span> <span style="float:none">$</span>8,523,041<span style="visibility:hidden;display:none">%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total number of portfolio holdings</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"> <span style="width:12pt"> </span> <span style="visibility:hidden;display:none;float:none">$</span>40<span style="visibility:hidden;display:none">%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Total advisory fee paid</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"> <span style="width:12pt"> </span> <span style="float:none">$</span>18,472<span style="visibility:hidden;display:none">%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-kerning: none; color: rgb(0, 0, 0); font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal;">Portfolio turnover rate</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 10pt; padding-bottom: 3pt; padding-left: 10pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt;"> <span style="width:12pt"> </span> <span style="visibility:hidden;display:none;float:none">$</span>34<span>%</span></td> </tr> </table> 8523041 40 18472 0.34 <div style="margin-top:0px;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;">WHAT DID THE FUND INVEST IN? (As of May 31, 2024)</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;margin-bottom:10pt;font-kerning:none;">The tables below show the investment makeup of the Fund, representing the percentage of total investments of the Fund.</div><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid"> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alphabet, Inc., Class A</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">NVIDIA Corp.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Natera, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Chipotle Mexican Grill, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Construction Partners, Inc., Class A</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Boston Scientific Corp.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Apple, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Welltower, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Costco Wholesale Corp.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> </table><div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-bottom:5pt;font-weight:bold;margin-top:3pt;"> <b>Sector Allocation</b> </div><div style="padding-left:10pt;padding-right:0px;"> <img alt="Graphical Representation - Allocation 2 Chart" src="chartimages_7982318.jpg" style="width: 172.8pt;"/> </div> <div style="border-bottom-width:1pt;border-bottom-style:solid;font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 0, 0);letter-spacing:1.25px;text-transform:uppercase;font-size:9pt;border-bottom-color:rgb(0, 0, 0);text-align:center;padding-bottom:5pt;margin-top:5pt;font-weight:bold;margin-bottom:0px;"> <b>Top Ten Holdings</b> </div><table style="width:100%;border-collapse:collapse;page-break-inside:avoid"> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Alphabet, Inc., Class A</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.2<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">NVIDIA Corp.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Natera, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.1<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Chipotle Mexican Grill, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Spotify Technology S.A.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">3.0<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Construction Partners, Inc., Class A</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Boston Scientific Corp.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Apple, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:0.5pt;border-bottom-style:solid;height:20pt;border-bottom-color:rgb(0, 0, 0)"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Welltower, Inc.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.9<span>%</span></td> </tr> <tr style="page-break-inside:avoid;border-bottom-width:initial;border-bottom-style:none;height:20pt;border-bottom-color:initial"> <td style="page-break-inside: avoid; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; text-align: left; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">Costco Wholesale Corp.</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; padding-top: 6pt; padding-right: 3pt; padding-bottom: 3pt; padding-left: 3pt; font-family: 'TimesNewRomPSPro'; color: rgb(0, 0, 0); font-size: 9pt; font-kerning: none;">2.8<span>%</span></td> </tr> </table> 0.032 0.031 0.031 0.030 0.030 0.029 0.029 0.029 0.029 0.028 <div style="font-kerning:none;font-family:'timesnewrompspro';color:rgb(0, 60, 113);font-size:11.52pt;font-weight:bold;margin-bottom:3pt;margin-top:20pt;">HOW HAS THE FUND MATERIALLY CHANGED?</div><div style="margin-top:0px;font-family:'timesnewrompspro';color:rgb(0, 0, 0);font-size:9pt;font-kerning:none;margin-bottom:7.5pt;">As of May 31, 2024, the Fund’s investment adviser determined that there were no material changes to the Fund during the Period.</div> FT Vest U.S. Equity Max Buffer ETF - March FT Vest U.S. Equity Max Buffer ETF - March MARM This annual shareholder report contains important information about the FT Vest U.S. Equity Max Buffer ETF - March (the “Fund”) for the period of March 26, 2024 (commencement of investment operations) to May 31, 2024 (the “Period”). annual shareholder report You can find additional information about the Fund at <span style="white-space: nowrap; color: #003c71; text-decoration-line: underline;">www.ftportfolios.com/fund-documents/etf/MARM</span>. You can also request this information by contacting us at 1-800-621-1675 or info@ftportfolios.com. www.ftportfolios.com/fund-documents/etf/MARM 1-800-621-1675 info@ftportfolios.com <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; margin-bottom: 10pt; font-kerning: none;"><b>This report describes changes to the Fund that occurred during the Period.</b></div> <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;" title="oef:ExpensesTextBlock">WHAT WERE THE FUND COSTS FOR THE LAST YEAR?</div> <div style="margin-top: 0px; margin-bottom: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt;">(Based on a hypothetical $10,000 investment)</div> <table style="width: 100%; border-collapse: collapse; page-break-inside: avoid;"> <tr style="page-break-inside: avoid; border-bottom-style: solid; border-bottom-width: 1pt; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid; font-family: TimesNewRomPSPro; color: #000000; font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; vertical-align: bottom; padding: 0px 3pt;">Fund</td> <td style="break-inside: avoid; text-align: right; font-family: TimesNewRomPSPro; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 0px 3pt;">Costs of a $10,000 investment</td> <td style="break-inside: avoid; text-align: right; font-family: TimesNewRomPSPro; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; padding: 0px 3pt;">Costs paid as a percentage<br/>of a $10,000 investment</td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: initial; border-bottom-style: none; height: 20pt; border-bottom-color: initial;"> <td style="page-break-inside: avoid; text-align: left; font-kerning: none; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">FT Vest U.S. Equity Max Buffer ETF - March</td> <td style="page-break-inside: avoid; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;"><span style="width: 12pt;"> </span> <span style="float: none;">$</span>16<sup style="vertical-align: 3.2pt;">(1)</sup></td> <td style="page-break-inside: avoid; text-align: right; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; vertical-align: bottom; padding: 6pt 3pt 3pt 3pt;">0.85<span>%</span><sup style="vertical-align: 3.2pt;">(2)</sup></td> </tr> </table> <table style="width: 100%; border-collapse: collapse; page-break-inside: avoid;"> <tr style="page-break-inside: avoid; border-bottom-width: initial; border-bottom-style: none; height: 20pt; border-bottom-color: initial;"> <td style="page-break-inside: avoid; font-kerning: none; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; width: 1.8em; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">​<sup style="vertical-align: 3.2pt;">(1)</sup></div> </td> <td style="page-break-inside: avoid; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">The Fund commenced investment operations on March 26, 2024.  Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher.</div> </td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: initial; border-bottom-style: none; height: 20pt; border-bottom-color: initial;"> <td style="page-break-inside: avoid; font-kerning: none; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; width: 1.8em; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">​<sup style="vertical-align: 3.2pt;">(2)</sup></div> </td> <td style="page-break-inside: avoid; font-family: 'TimesNewRomPSPro'; font-style: normal; font-size: 7.5pt; color: #000000; text-align: left; vertical-align: top; padding: 0;"> <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; font-size: 7.5pt; margin-top: 0px; margin-bottom: 0px;">Annualized.</div> </td> </tr> </table> 16 0.0085 <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt; margin-top: 14pt;">HOW DID THE FUND PERFORM LAST YEAR? WHAT AFFECTED THE FUND’S PERFORMANCE?</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">The Fund returned 1.00% from the Fund’s inception date on March 26, 2024 through May 31, 2024. The Fund underperformed its benchmark, the S&amp;P 500<sup>®</sup> Index, which returned 1.67% for the Period.</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">This underperformance was primarily due to the lower risk/reward design of the Fund relative to its benchmark.</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">The Fund’s performance from the Fund’s inception date on March 26, 2024 through May 31, 2024 can be attributed as follows:</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">+1.15%   Performance Due to Options Positions Held<br/><span style="text-decoration-line: underline;">- 0.15%</span>   Expenses<br/>+1.00%   Total Fund Performance</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">The Fund is designed to participate in the positive price returns (before fees and expenses) of the SPDR<sup>®</sup> S&amp;P 500<sup>®</sup> ETF Trust (“SPY” or the “Underlying ETF”) up to a predetermined upside cap while seeking to provide the maximum available buffer (before fees and expenses) against SPY losses over an approximate period of one year (the “Target Outcome Period”). Over the Target Outcome Period from March 27, 2024 through March 21, 2025, the Fund will seek to buffer against 100% of the Underlying ETF losses and limit gains up to a predetermined upside cap of 9.23%.</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">While the cap and buffer provide the intended outcomes only for investors that hold their shares throughout the complete term of the Target Outcome Period, an investor can expect their shares to generally move in the same direction as the Underlying ETF during the Target Outcome Period. However, during the Target Outcome Period an investor’s shares may not experience price movement to the same extent as the price movement of the Underlying ETF. During the Target Outcome Period, there may be periods of significant disparity between the Fund’s Net Asset Value and the Underlying ETF’s price performance.</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; white-space: pre-wrap; margin-bottom: 10pt;">The Fund held an option package that consisted of a deep-in-the-money long call, a long put, and a short call. The long call generally moves in line with SPY. The other two options, the long put and short call, are “bearish” positions that generally move in the opposite direction of SPY. (These two options provide the buffer and limit, or “cap” the upside potential of the Fund.) The combined impact of all three options is generally in the same direction as SPY, but to a lesser extent than SPY.</div> <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">FUND PERFORMANCE (March 26, 2024 to May 31, 2024)</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; margin-bottom: 10pt; font-kerning: none;">The performance line graph below shows the performance of a hypothetical $10,000 initial investment in the Fund over a ten-year period (or for the life of the Fund, if shorter). The subsequent account value as of the end of the Period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund for the past one-, five-, and ten-year periods as of the end of the Period. Both the line graph and performance table compare the Fund’s performance to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests over the same periods.</div> <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; margin-bottom: 3pt; font-weight: bold;">Investment Performance of $10,000</div> <div style="margin-bottom: 20pt;"><img alt="Fund Performance - Growth of 10K" src="chartimages_8024694.jpg" style="display: block; margin-left: auto; margin-right: auto; width: 468pt;"/> </div> <table style="width: 100%; border-collapse: collapse; break-inside: avoid;" title="oef:AvgAnnlRtrTableTextBlock"> <tr style="page-break-inside: avoid; border-bottom-style: solid; border-bottom-width: 1pt; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid; font-family: TimesNewRomPSPro; color: #000000; font-weight: bold; text-align: left; font-size: 9pt; font-kerning: none; font-style: normal; width: 60%; vertical-align: bottom; padding: 0px 3pt 0px 1pt;">Average Annual Total Returns (as of May 31, 2024)</td> <td style="break-inside: avoid; text-align: right; font-family: TimesNewRomPSPro; color: #000000; font-size: 9pt; font-weight: bold; vertical-align: bottom; font-style: normal; padding: 0px 3pt;">Since<br/>Inception<br/>(3/26/24)</td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="page-break-inside: avoid; vertical-align: middle; text-align: left; font-kerning: none; color: #000000; font-size: 9pt; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 3pt 3pt 12pt;">FT Vest U.S. Equity Max Buffer ETF - March</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">1.00<span>%</span></td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: initial; border-bottom-style: none; height: 20pt; border-bottom-color: initial;"> <td style="page-break-inside: avoid; vertical-align: middle; text-align: left; font-kerning: none; color: #000000; font-size: 9pt; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 3pt 3pt 12pt;">S&amp;P 500<sup style="vertical-align: 3.2pt;">®</sup> Index</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">1.67<span>%</span></td> </tr> </table> 2024-03-26 FT Vest U.S. Equity Max Buffer ETF - March 0.0100 S&P 500® Index 0.0167 <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; margin-bottom: 7.5pt;"><b>Visit <span style="color: #003c71; white-space: nowrap; text-decoration-line: underline;">www.ftportfolios.com/etf/MARM</span> for more recent performance information.</b></div> The Fund’s past performance is not a good predictor of the Fund’s future performance. The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt; margin-top: 10pt;">KEY FUND STATISTICS (As of May 31, 2024)</div> <table style="width: 100%; border-collapse: collapse; page-break-inside: avoid;"> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: TimesNewRomPSPro; font-style: normal; padding: 0px 10pt;">Fund net assets</td> <td style="break-inside: avoid; text-align: right; vertical-align: middle; font-family: TimesNewRomPSPro; color: #000000; font-size: 9pt; padding: 0px 10pt;"><span style="width: 12pt;"> </span> <span style="float: none;">$</span>199,523,652<span style="visibility: hidden; display: none;">%</span></td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="page-break-inside: avoid; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Total number of portfolio holdings</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;"><span style="width: 12pt;"> </span> <span style="visibility: hidden; display: none; float: none;">$</span>4<span style="visibility: hidden; display: none;">%</span></td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="page-break-inside: avoid; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Total advisory fee paid</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;"><span style="width: 12pt;"> </span> <span style="float: none;">$</span>184,291<span style="visibility: hidden; display: none;">%</span></td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: initial; border-bottom-style: none; height: 20pt; border-bottom-color: initial;"> <td style="page-break-inside: avoid; vertical-align: middle; font-kerning: none; color: #000000; font-size: 9pt; font-weight: bold; text-align: left; width: 60%; font-family: 'TimesNewRomPSPro'; font-style: normal; padding: 6pt 10pt 3pt 10pt;">Portfolio turnover rate</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 10pt 3pt 10pt;"><span style="width: 12pt;"> </span> <span style="visibility: hidden; display: none; float: none;">$</span>0<span>%</span></td> </tr> </table> 199523652 4 184291 0 <div style="margin-top: 0px; font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt;">WHAT DID THE FUND INVEST IN? (As of May 31, 2024)</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; margin-bottom: 10pt; font-kerning: none;">The table below shows the investment makeup of the Fund, representing the percentage of net assets of the Fund.</div> <div style="border-bottom-width: 1pt; border-bottom-style: solid; font-kerning: none; font-family: 'timesnewrompspro'; color: #000000; letter-spacing: 1.25px; text-transform: uppercase; font-size: 9pt; border-bottom-color: #000000; text-align: center; padding-bottom: 5pt; margin-top: 5pt; font-weight: bold; margin-bottom: 0px;"><b>Fund Allocation</b></div> <table style="width: 100%; border-collapse: collapse; page-break-inside: avoid;"> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="break-inside: avoid; vertical-align: middle; font-family: TimesNewRomPSPro; color: #000000; text-align: left; font-size: 9pt; font-kerning: none; padding: 0px 3pt;">Money Market Funds</td> <td style="break-inside: avoid; text-align: right; vertical-align: middle; font-family: TimesNewRomPSPro; color: #000000; font-size: 9pt; padding: 0px 3pt;">1.0<span>%</span></td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="page-break-inside: avoid; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; text-align: left; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Purchased Options</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">101.8<span>%</span></td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="page-break-inside: avoid; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; text-align: left; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Written Options</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">(2.7%)</td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: 0.5pt; border-bottom-style: solid; height: 20pt; border-bottom-color: #000000;"> <td style="page-break-inside: avoid; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; text-align: left; font-size: 9pt; font-kerning: none; padding: 6pt 3pt 3pt 3pt;">Net Other Assets and Liabilities</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">(0.1%)</td> </tr> <tr style="page-break-inside: avoid; border-bottom-width: initial; border-bottom-style: none; height: 20pt; border-bottom-color: initial;"> <td style="page-break-inside: avoid; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; text-align: left; font-kerning: none; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">Total</td> <td style="page-break-inside: avoid; text-align: right; vertical-align: middle; font-family: 'TimesNewRomPSPro'; color: #000000; font-size: 9pt; padding: 6pt 3pt 3pt 3pt;">100.0<span>%</span></td> </tr> </table> 0.010 1.018 -0.027 -0.001 1.000 <div style="font-kerning: none; font-family: 'timesnewrompspro'; color: #003c71; font-size: 11.52pt; font-weight: bold; margin-bottom: 3pt; margin-top: 20pt;">HOW HAS THE FUND MATERIALLY CHANGED?</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; margin-bottom: 7.5pt;">This is a summary of certain changes to the Fund since March 27, 2024. For more complete information, you may review the supplement to the Fund’s prospectus dated April 5, 2024 available at <span style="white-space: nowrap; color: #003c71; text-decoration-line: underline;">www.ftportfolios.com/fund-documents/etf/MARM</span> or upon request at 1-800-621-1675 or info@ftportfolios.com.</div> <div style="margin-top: 0px; font-family: 'timesnewrompspro'; color: #000000; font-size: 9pt; font-kerning: none; margin-bottom: 7.5pt;">Notwithstanding anything to the contrary in the Fund’s prospectus, for a Target Outcome Period in which the Fund can set the buffer against 100% of the Underlying ETF losses while setting a cap of at least 7%, the Fund may not sell any put options as described in the Fund’s prospectus. Accordingly, for such a Target Outcome Period, the Fund may only hold three kinds of FLEX Options.</div> 2024-03-27 www.ftportfolios.com/fund-documents/etf/MARM 1-800-621-1675 info@ftportfolios.com The Fund commenced investment operations on January 17, 2024.  Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. The Fund commenced investment operations on March 26, 2024.  Had the Fund been in operation for a complete fiscal year, the cost of a $10,000 investment would have been higher. Annualized. Annualized.