AllianzIM U.S. Equity Buffer10 Nov ETF (NVBT)
AllianzIM U.S. Equity Buffer10 Nov ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $40.98, up 0.43% on the session, giving a market capitalisation of $23.4M. Its beta of 0.65 implies it has historically moved less than the broad market.
This fund, the AllianzIM U.S. Equity Buffer10 Nov ETF, is designed to mirror the investment performance of the SPDR S&P 500 ETF Trust (SPY) over a defined investment cycle. While it seeks to replicate SPY's returns, its potential for gains is limited by a pre-set maximum. Simultaneously, it provides a protective cushion, shielding investors from the first 10% of any declines experienced by the underlying SPY. It's crucial to understand that both this upside limit and the downside protection will be reduced after accounting for all management and operational fees and expenses.
AllianzIM U.S. Equity Buffer10 Nov ETF is most often compared with the following Financial Services names: