AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF (FLJJ)
AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $34.41, up 0.15% 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 fund is designed to mirror the share price performance of the SPDR S&P 500 ETF Trust over each six-month investment period. It aims to achieve these returns up to a predefined upside cap, while simultaneously providing a protective floor that limits potential losses to a maximum of 5%. It's important to note that these specified cap and floor levels are determined prior to the deduction of any fund fees and operational expenses.
AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF is most often compared with the following Financial Services names: