SPBX

AllianzIM 6 Month Buffer10 Allocation ETF

$27.01

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) seeks to provide investors with a buffer against the first 10% of losses in the S&P 500 Index over a 6-month period, while also providing upside exposure to the index.

Overview

ETF tracking AllianzIM 6 Month Buffer10 Allocation ETF

Category Multi-Asset

Issuer Other

Inception Date 2025-01-08

Market Cap $35.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $22.76 - $27.15

VWAP $27.03

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF aims to achieve its objective by investing in a portfolio of equity index options and cash equivalents. It utilizes a defined outcome strategy, where the buffer and upside exposure are predetermined and reset every 6 months.

✨ Key Features

Provides a 10% buffer against losses in the S&P 500 Index over a 6-month period
Offers upside exposure to the S&P 500 Index, subject to a cap
Resets the buffer and upside exposure every 6 months
Designed to help manage market volatility and downside risk

⚠️ Primary Risks

Market risk: The ETF's performance is tied to the S&P 500 Index and is subject to market fluctuations
Capped upside potential: The ETF's upside exposure is subject to a predetermined cap, limiting potential gains
Liquidity risk: The ETF may have limited trading volume, which could affect its ability to be bought or sold at desired prices
Counterparty risk: The ETF's performance is dependent on the creditworthiness of its option counterparties

👤 Best For

The AllianzIM 6 Month Buffer10 Allocation ETF may be suitable for investors seeking to manage downside risk in their equity exposure, while still maintaining some upside potential. It may be particularly appealing to those with a medium-term investment horizon who are concerned about market volatility.