AllianzIM U.S. Equity Buffer10 Dec ETF (DECT)
AllianzIM U.S. Equity Buffer10 Dec ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $40.27, up 0.23% on the session, giving a market capitalisation of $127.2M. Its beta of 0.69 implies it has historically moved less than the broad market.
This fund aims to replicate the share price performance of the SPDR S&P 500 ETF Trust (its benchmark) over a specified investment cycle. It endeavors to capture the benchmark's returns up to a predefined maximum gain, known as an upside cap, while simultaneously offering a protective shield against the initial 10% of losses incurred by the benchmark. It is important to note that both this maximum return potential and the downside protection are diminished by the fund's management fees and other associated expenses.
AllianzIM U.S. Equity Buffer10 Dec ETF is most often compared with the following Financial Services names: