First Trust Exchange-Traded Fund VIII

11/18/2024 | Press release | Distributed by Public on 11/18/2024 06:32

Prospectus by Investment Company - Form 497

Rule 497(e)

Registration Nos. 333-210186 and 811-23147

First Trust Exchange-Traded Fund VIII

(the "Trust")

FT Vest U.S. Equity Buffer ETF - November

FT Vest U.S. Equity Deep Buffer ETF - November

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November

FT Vest U.S. Equity Moderate Buffer ETF - November

FT Vest U.S. Small Cap Moderate Buffer ETF - November

(each a "Fund")

Supplement To each Fund's Prospectus

DATED NOVEMBER 18, 2024

As described in each Fund's prospectus, Fund shareholders are subject to an upside return cap that represents the maximum percentage return an investor can achieve from an investment in a Fund for a given Target Outcome Period. On November 15, 2024, each Fund's previous Target Outcome Period ended, and a new Target Outcome Period began as of November 18, 2024. The new Target Outcome Period will end on November 21, 2025. The cap for each Fund for the Target Outcome Period beginning on November 18, 2024 is set forth below.

Fund

Cap

(before fees and expenses)

Cap

(after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Fund's management fee)

FT Vest U.S. Equity Buffer ETF - November (FNOV) 14.46% 13.60%
FT Vest U.S. Equity Deep Buffer ETF - November (DNOV) 12.46% 11.60%
FT Vest U.S. Equity Enhance & Moderate Buffer ETF - November (XNOV) 10.08%  9.22%
FT Vest U.S. Equity Moderate Buffer ETF - November (GNOV) 12.12% 11.26%
FT Vest U.S. Small Cap Moderate Buffer ETF - November (SNOV) 16.62% 15.70%

Please Keep this Supplement with your Fund Prospectus for Future Reference