AllianzIM U.S. Equity Buffer10 Jul ETF (JULT)
AllianzIM U.S. Equity Buffer10 Jul ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $48.85, up 0.12% on the session, giving a market capitalisation of $82.7M. Its beta of 0.62 implies it has historically moved less than the broad market.
This ETF is designed to replicate the share price performance of the SPDR S&P 500 ETF Trust (the reference ETF) over a specific investment horizon. It provides exposure to the reference ETF's positive returns, up to a predefined maximum gain. Concurrently, it offers protection against the first 10% of any losses experienced by the reference ETF. Both the cap on potential gains and the downside protection buffer are calculated after deducting all management fees and other operational expenses of the fund.
AllianzIM U.S. Equity Buffer10 Jul ETF is most often compared with the following Financial Services names: