ARLU

AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

$29.91
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (ARLU) seeks to provide investors with a buffer against the first 15% of losses in the S&P 500 Index over a one-year period, while providing upside exposure to the S&P 500 Index with no cap on potential gains.

Overview

ETF tracking AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

Category Other
Issuer Other
Inception Date 2024-04-01
Market Cap $45.6M
Average Volume N/A
Dividend Yield N/A
52-Week Range $23.99 - $30.65
VWAP $29.89

Performance

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Investment Summary

📎 Investment Objective

The AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (ARLU) seeks to provide investors with a buffer against the first 15% of losses in the S&P 500 Index over a one-year period, while providing upside exposure to the S&P 500 Index with no cap on potential gains.

🎯 Investment Strategy

ARLU achieves its objective by investing in a portfolio of FLexible EXchange Options (FLEX Options) on the S&P 500 Index. The fund's strategy aims to provide a buffer against the first 15% of losses in the S&P 500 Index over a one-year period, while allowing investors to participate in the upside of the index with no cap on potential gains.

✨ Key Features

  • Provides a 15% buffer against losses in the S&P 500 Index over a one-year period
  • Offers uncapped upside exposure to the S&P 500 Index
  • Resets the buffer and upside exposure annually in April
  • Designed to help manage market volatility and downside risk

⚠️ Primary Risks

  • Market risk: The fund's value may decrease due to changes in general market conditions
  • Derivatives risk: The use of FLEX Options may not achieve the desired results and can be volatile
  • Liquidity risk: The fund's FLEX Options may have limited liquidity, which could impact the fund's ability to meet redemption requests
  • Concentration risk: The fund's performance is tied to the S&P 500 Index and may be more volatile than a more diversified portfolio

👤 Best For

ARLU may be suitable for investors seeking to participate in the upside potential of the S&P 500 Index while mitigating downside risk through the 15% buffer. It may be particularly appealing to investors with a moderate risk tolerance who are looking for a way to manage market volatility in their portfolio.