QBSF
AllianzIM U.S. Equity Buffer15 ETF
📎 Investment Objective
The AllianzIM U.S. Equity Buffer15 ETF seeks to provide investors with returns that track the S&P 500 Index, up to a predetermined upside cap, while providing a buffer against the first 15% of losses.
Overview
ETF tracking AllianzIM U.S. Equity Buffer15 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The AllianzIM U.S. Equity Buffer15 ETF seeks to provide investors with returns that track the S&P 500 Index, up to a predetermined upside cap, while providing a buffer against the first 15% of losses.
🎯 Investment Strategy
The ETF uses a buffered outcome strategy, where it purchases S&P 500 Index options to provide the upside participation and downside buffer. The fund resets its buffer and cap annually.
✨ Key Features
- Provides exposure to the S&P 500 Index with a 15% buffer against losses
- Upside participation capped at a predetermined level, typically around 15%
- Resets its buffer and cap annually, offering a new outcome period
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the S&P 500 Index, and it will be subject to the same market fluctuations
- Capped upside potential: The fund's returns are capped at a predetermined level, limiting the upside participation
- Reset risk: The buffer and cap levels are reset annually, which may result in less favorable terms in subsequent periods
- Liquidity risk: As a newer ETF, it may have lower trading volume and liquidity compared to more established funds
👤 Best For
This ETF may be suitable for investors seeking equity market exposure with a level of downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon. It may be most appropriate as a core equity allocation within a diversified portfolio.