AllianzIM U.S. Equity Buffer10 Sep ETF (SEPT)
AllianzIM U.S. Equity Buffer10 Sep ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Minneapolis, MN, US. The stock last traded at $38.26, up 0.07% on the session, giving a market capitalisation of $105.8M. Its beta of 0.61 implies it has historically moved less than the broad market.
This fund aims to replicate the price movements of the SPDR S&P 500 ETF Trust (the benchmark ETF) during its designated outcome period. It provides exposure to the benchmark's gains, up to a stated maximum return, while simultaneously absorbing the first 10% of any losses incurred by the underlying ETF. Crucially, both the upside cap and the downside buffer are applied after the deduction of the fund's management and other associated expenses.
AllianzIM U.S. Equity Buffer10 Sep ETF is most often compared with the following Financial Services names: