ETF overview
This ETF is structured to largely mirror the price appreciation of its benchmark, the SPDR S&P 500 ETF Trust, over a specific investment cycle, though with a predefined limit on potential gains. Concurrently, it offers a protective cushion, designed to absorb the initial 20% of any downturns experienced by that underlying ETF. It is important to note that the effective maximum gain (cap) and the loss protection level will both be diminished by the fund's various management and operating costs.
Fund facts
- Expense ratio
- 0.74%
- Fund assets
- 379.75M 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 5.67 C | 99.23% | |
| SPY 05/28/2027 756.56 P | 3.25% | |
| SPY 05/28/2027 605.18 P | -0.81% | |
| SPY 05/28/2027 847.48 C | -1.60% |
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.74%
- Fund assets
- 379.75M USD (all share classes)
- Issuer
- AllianzIM
- Inception date
- May 31, 2023
- Number of holdings
- 4
| Name | Ticker | Weight |
|---|---|---|
| SPY 05/28/2027 5.67 C | 99.23% | |
| SPY 05/28/2027 756.56 P | 3.25% | |
| SPY 05/28/2027 605.18 P | -0.81% | |
| SPY 05/28/2027 847.48 C | -1.60% |
This ETF is structured to largely mirror the price appreciation of its benchmark, the SPDR S&P 500 ETF Trust, over a specific investment cycle, though with a predefined limit on potential gains. Concurrently, it offers a protective cushion, designed to absorb the initial 20% of any downturns experienced by that underlying ETF. It is important to note that the effective maximum gain (cap) and the loss protection level will both be diminished by the fund's various management and operating costs.
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