JULU
AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF
📎 Investment Objective
The AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (JULU) seeks to provide investors with returns that track the S&P 500 Index, up to a stated Cap, while providing a level of downside protection against losses of 15% over a one-year period.
Overview
ETF tracking AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (JULU) seeks to provide investors with returns that track the S&P 500 Index, up to a stated Cap, while providing a level of downside protection against losses of 15% over a one-year period.
🎯 Investment Strategy
JULU uses a buffer protection strategy, seeking to provide investors with upside exposure to the S&P 500 Index up to a stated Cap, while limiting downside risk to 15% over a one-year period. The fund utilizes options-based strategies to achieve this objective.
✨ Key Features
- Seeks to track the S&P 500 Index with a 15% buffer against losses over a one-year period
- Uncapped upside exposure to the S&P 500 Index up to a stated Cap
- Options-based strategy to provide the buffer and upside exposure
- Resets the buffer and Cap annually on the fund's inception date
⚠️ Primary Risks
- Market risk: The fund's value will fluctuate with the performance of the underlying S&P 500 Index
- Options risk: The fund's use of options exposes it to potential losses from unfavorable option outcomes
- Cap risk: The fund's returns are capped at a stated level, limiting upside potential
- Buffer risk: The 15% buffer may not protect against all losses, and the fund could still experience significant declines
👤 Best For
JULU may be suitable for investors seeking equity market exposure with a level of downside protection, who have a medium-term investment horizon and are willing to accept the fund's stated Cap on upside returns.