FEBU
AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF
📎 Investment Objective
The AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (FEBU) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk through a buffer against the first 15% of losses.
Overview
ETF tracking AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF
Performance
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Investment Summary
📎 Investment Objective
The AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (FEBU) seeks to provide investors with exposure to the U.S. equity market while aiming to limit downside risk through a buffer against the first 15% of losses.
🎯 Investment Strategy
FEBU utilizes an options-based strategy to provide a buffer against the first 15% of losses in the underlying U.S. equity index. The fund holds a portfolio of U.S. equities and also purchases and sells options contracts to create the desired buffer and upside exposure.
✨ Key Features
- Aims to provide a 15% buffer against losses in the underlying U.S. equity index
- Uncapped upside potential to participate in equity market gains
- Resets buffer and upside exposure annually in February
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The fund's value will fluctuate with changes in the U.S. equity market
- Options risk: The fund's use of options exposes it to the risks of that market
- Concentration risk: The fund is concentrated in U.S. equities
- Liquidity risk: The fund may have limited trading volume
👤 Best For
FEBU may be suitable for investors seeking U.S. equity exposure with some downside protection, who have a medium-term investment horizon and can tolerate the volatility associated with equity markets and options-based strategies.