JNEU

📎 Investment Objective

The AllianzIM U.S. Equity Buffer15 Uncapped June ETF (JNEU) seeks to provide investors with a buffer against the first 15% of losses in the S&P 500 Index over a one-year period, while providing upside exposure to the index's performance.

✨ Key Features

• Provides a 15% buffer against losses in the S&P 500 Index over a one-year period
• Offers uncapped upside exposure to the S&P 500 Index's performance
• Resets annually in June, providing a new one-year outcome period
• Expense ratio of 0.00%

⚠️ Primary Risks

• Market risk: The fund's performance is tied to the performance of the S&P 500 Index, and it may lose value if the index declines.
• Derivative risk: The fund's use of FLEX options exposes it to the risks associated with derivative instruments, such as counterparty risk and liquidity risk.
• Buffered loss risk: While the fund provides a 15% buffer against losses, investors may still experience losses beyond the buffer.
• Holding period risk: The fund's defined outcome strategy is designed for investors who hold the shares for the entire one-year outcome period. Selling shares before the end of the period may result in different outcomes.

👤 Best For

The AllianzIM U.S. Equity Buffer15 Uncapped June ETF is best suited for investors who are seeking equity market exposure with a level of downside protection, and who are willing to hold the shares for the full one-year outcome period. It may be particularly appealing to investors who are concerned about potential market volatility and want to limit their downside risk while still participating in the upside potential of the S&P 500 Index.