AllianzIM U.S. Equity Buffer20 Jun ETF (JUNW)
AllianzIM U.S. Equity Buffer20 Jun ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $34.92, up 0.04% on the session, giving a market capitalisation of $63.0M. Its beta of 0.33 implies it has historically moved less than the broad market.
This ETF is structured to largely mirror the price appreciation of its benchmark, the SPDR S&P 500 ETF Trust, over a specific investment cycle, though with a predefined limit on potential gains. Concurrently, it offers a protective cushion, designed to absorb the initial 20% of any downturns experienced by that underlying ETF. It is important to note that the effective maximum gain (cap) and the loss protection level will both be diminished by the fund's various management and operating costs.
AllianzIM U.S. Equity Buffer20 Jun ETF is most often compared with the following Financial Services names: