ETF overview
This ETF is designed to track the performance of the SPDR S&P 500 ETF Trust (SPY) over a defined investment period. It aims to replicate SPY's returns up to a specific maximum gain, known as the upside cap. Simultaneously, it provides a protective cushion, shielding investors from the initial 10% of any losses incurred by the SPY. Crucially, both the potential maximum gain and the downside protection level will be reduced once the fund's management fees and other operating expenses are factored in.
Fund facts
- Expense ratio
- 0.74%
- Fund assets
- 120.08M USD (all share classes)
- Issuer
- AllianzIM
- Inception date
- May 31, 2023
- Number of holdings
- 4
Breakdown
Holdings (4)
| Name | Ticker | Weight |
|---|---|---|
| SPY 05/28/2027 5.60 C | 98.76% | |
| SPY 05/28/2027 756.40 P | 3.47% | |
| SPY 05/28/2027 889.41 C | -0.58% | |
| SPY 05/28/2027 680.83 P | -1.62% |
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.74%
- Fund assets
- 120.08M USD (all share classes)
- Issuer
- AllianzIM
- Inception date
- May 31, 2023
- Number of holdings
- 4
| Name | Ticker | Weight |
|---|---|---|
| SPY 05/28/2027 5.60 C | 98.76% | |
| SPY 05/28/2027 756.40 P | 3.47% | |
| SPY 05/28/2027 889.41 C | -0.58% | |
| SPY 05/28/2027 680.83 P | -1.62% |
This ETF is designed to track the performance of the SPDR S&P 500 ETF Trust (SPY) over a defined investment period. It aims to replicate SPY's returns up to a specific maximum gain, known as the upside cap. Simultaneously, it provides a protective cushion, shielding investors from the initial 10% of any losses incurred by the SPY. Crucially, both the potential maximum gain and the downside protection level will be reduced once the fund's management fees and other operating expenses are factored in.
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