AllianzIM U.S. Equity Buffer20 Feb ETF (FEBW)
AllianzIM U.S. Equity Buffer20 Feb ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $36.10, up 0.07% on the session, giving a market capitalisation of $119.8M. Its beta of 0.40 implies it has historically moved less than the broad market.
This fund is structured to replicate the share price performance of the SPDR S&P 500 ETF Trust (the underlying ETF) over a specific outcome period, up to a predetermined maximum return. Concurrently, it offers protection against the first 20% of any losses incurred by the underlying ETF. It should be noted that both this potential for upside and the downside buffer are reduced by management fees and other fund-related expenses.
AllianzIM U.S. Equity Buffer20 Feb ETF is most often compared with the following Financial Services names: