AllianzIM U.S. Equity Buffer20 May ETF (MAYW)
AllianzIM U.S. Equity Buffer20 May ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $35.35, up 0.01% on the session, giving a market capitalisation of $71.1M. Its beta of 0.25 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) aims to replicate the share price performance of the SPDR S&P 500 ETF Trust, its underlying benchmark, over a designated investment period. It is designed to shield investors from the initial 20% of the underlying ETF's declines, while simultaneously capping potential gains at a predetermined maximum. It's important to note that both this upside limit and the downside protection will be diminished after the fund's management and other operational expenses are accounted for.
AllianzIM U.S. Equity Buffer20 May ETF is most often compared with the following Financial Services names: