AllianzIM Announces New Upside Caps for July Series of U.S. Large Cap Buffered Outcome ETFs
Reset offers new opportunity for investors to gain equity exposure with a level of risk mitigation in an uncertain environment
As market conditions remain volatile amid recessionary concerns and tightening monetary policy, AllianzIM’s ETF lineup seeks to match the returns of the S&P 500 Price Return Index up to a stated Cap, while providing downside risk mitigation through a buffer against the first 10% and 20% of S&P 500 Price Return Index losses.
Ticker |
Index Exposure |
Buffer1 |
Cap1 |
Outcome Period Start Date |
Outcome Period End Date |
AZAL
AllianzIM Large Cap Buffer10 Jul ETF |
S&P 500 |
10% Gross / 9.26% Net |
22.80% Gross / 22.06% Net |
|
|
AZBL
AllianzIM Large Cap Buffer20 Jul ETF |
S&P 500 |
20% Gross / 19.26% Net |
14.00% Gross / 13.26% Net |
|
|
SIXJ
AllianzIM Large Cap 6 Month Buffer10 Jan/Jul ETF |
S&P 500 |
10% Gross / 9.63% Net |
10.70% Gross / 10.33% Net |
|
|
“Investors face a tough predicament in today’s market. Equities remain shaky, while fixed income markets struggle with rising rates, and the value of cash is depleted by record-high inflation,” said
Offered at an expense ratio of 74 basis points, AllianzIM’s extensive suite of Buffered Outcome ETFs with six and 12-month outcome periods provide the opportunity for investors to invest in ETFs with new Caps and Buffers every quarter. The 12-month Outcome Period of the July series ETFs will be
“Investors have grown increasingly pessimistic about the economy and stock market, with many Americans worried about world tensions and talk of another recession,” said
The AllianzIM Buffered Outcome ETFs seek to 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.
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.
Investing involves risk including possible loss of principal.
Investors may lose their entire investment, regardless of when they purchase shares, and even if they hold shares for an entire Outcome Period. Full extent of Caps and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Cap may increase or decrease and may vary significantly.
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
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220701005066/en/
For more information:
Gregory
610-228-2056
allianz@gregoryfca.com
Allianz Life
(612) 670-8971
jeff.faust@allianzlife.com
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