AllianzIM U.S. Equity Buffer20 Nov ETF (NVBW)
AllianzIM U.S. Equity Buffer20 Nov ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $36.65, up 0.21% on the session, giving a market capitalisation of $97.1M. Its beta of 0.41 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) aims to mirror the price performance of the SPDR S&P 500 ETF Trust (its benchmark) over a specific period, with potential gains limited by a predetermined ceiling. Simultaneously, it provides a protective cushion against the first 20% of any declines in the benchmark ETF. It's important to note that the stated cap and buffer levels will be reduced after accounting for management fees and other associated fund expenses.
AllianzIM U.S. Equity Buffer20 Nov ETF is most often compared with the following Financial Services names: