UXAP was created on 2025-04-17 by FT Vest. The fund's investment portfolio concentrates primarily on large cap equity. UXAP is an actively managed fund that charges 2%, on top of the expense ratio, in attempt to provide a potential rate of return that outperforms a US large cap equity ETF. Using one-year FLEX options, the fund constructs a call spread combined with a deep-in-the-money long call.