SEPU

📎 Investment Objective

The AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (SEPU) seeks to provide investors with returns that track the S&P 500 Index, up to a stated cap, while providing a buffer against the first 15% of losses over a one-year period.

✨ Key Features

• Provides exposure to the S&P 500 Index with a 15% buffer against losses over a one-year period
• Uncapped upside potential, allowing investors to participate fully in index gains above the cap
• Resets the buffer and cap annually on the September expiration date
• Actively managed options-based strategy to achieve the desired equity exposure and downside protection

⚠️ 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 the risks of that market, including potential losses beyond the 15% buffer
• Liquidity risk: The options market may experience reduced liquidity, affecting the fund's ability to achieve its objectives
• Cap risk: The fund's upside potential is capped, limiting investors' participation in index gains above the cap

👤 Best For

SEPU may be suitable for investors seeking equity market exposure with a level of downside protection, who have a medium-term investment horizon and are comfortable with the risks associated with options-based strategies.