AllianzIM Introduces January Series of U.S. Large Cap Buffered Outcome ETFs
ETFs offer risk management strategy as volatility persists heading into 2021
Designed to expand the risk management strategies available to investors, AllianzIM Buffered Outcome ETFs seek to match the returns of the S&P 500 Price Return Index up to a stated Cap, while providing a level of downside risk mitigation through a Buffer against the first 10% and 20% of S&P 500 Price Return Index losses for AZAJ and AZBJ, respectively.
Ticker |
Cap 1 |
Buffer 1 |
Outcome Period |
AZAJ |
13.45% Gross /
|
10% Gross /
|
|
AZBJ |
6.91% Gross /
|
20% Gross /
|
|
1 Gross reflects the Cap and Buffer prior to taking into account the 0.74% expense ratio of the ETF while Net accounts for the expense ratio, but does not include brokerage commissions, trading fees, taxes and non-routine or extraordinary expenses. The Cap and Buffer experienced by investors may be different than the stated numbers. The funds’ website, at www.allianzIM.com, provides important fund information as well as information relating to the potential outcomes of an investment in the Fund on a daily basis.
“As we kick off 2021, investors are faced with the risks of an ongoing global health crisis, continued market volatility, and a prolonged period of low interest rates,” said
The 12-month outcome period of the January ETF series will be
AllianzIM’s Buffered Outcome ETFs are offered at an expense ratio of 0.74% with portfolio management conducted in-house by AllianzIM. AZAJ and AZBJ represent the final ETFs in the inaugural quarterly series for AllianzIM’s ETF product line. Additional
The AllianzIM Buffered Outcome ETFs leverage AllianzIM’s core strengths, which include risk management experience and in-house hedging capabilities. As part of one of the largest asset management and diversified insurance companies in the world, AllianzIM, with AUM of
For more information on the AllianzIM Buffered Outcome ETF suite, please visit www.allianzIM.com.
Investing involves risk including possible loss of principal.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus with this and other information about the Fund, please visit www.allianzim.com or call 877.429.3837. Read the prospectus carefully before investing.
The Funds seek to deliver returns that match, at the end of a specified one-year period (outcome period) the returns of the S&P 500 Price Index up to a predetermined Cap, while limiting downside losses by the amount of a specified Buffer, before fees and expenses. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The Fund may not be suitable for all investors.
The “S&P 500 Price Return Index” (“Index”) is a product of
Distributed by
About
AllianzIM, a wholly owned subsidiary of
About
View source version on businesswire.com: https://www.businesswire.com/news/home/20210104005554/en/
Gregory
610-200-0564
allianz@gregoryfca.com
Allianz Life
(763) 765-7160
brett.weinberg@allianzlife.com
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