AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO)
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $28.72, up 0.03% on the session, giving a market capitalisation of $8.6M. Its beta of 0.48 implies it has historically moved less than the broad market.
This ETF aims to mirror the share price performance of the SPDR S&P 500 ETF Trust for each six-month investment cycle. It seeks to provide returns up to a predefined upside limit, while simultaneously offering a protective floor that caps potential losses at 5%. Please note that both the maximum gain and the loss protection are calculated before the deduction of any fund fees and operational expenses.
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF is most often compared with the following Financial Services names: