AllianzIM U.S. Equity Buffer10 Jun ETF (JUNT)
AllianzIM U.S. Equity Buffer10 Jun ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $38.82, up 0.39% on the session, giving a market capitalisation of $118.4M. Its beta of 0.53 implies it has historically moved less than the broad market.
This ETF is designed to track the performance of the SPDR S&P 500 ETF Trust (SPY) over a defined investment period. It aims to replicate SPY's returns up to a specific maximum gain, known as the upside cap. Simultaneously, it provides a protective cushion, shielding investors from the initial 10% of any losses incurred by the SPY. Crucially, both the potential maximum gain and the downside protection level will be reduced once the fund's management fees and other operating expenses are factored in.
AllianzIM U.S. Equity Buffer10 Jun ETF is most often compared with the following Financial Services names: