This fund aims to mirror the share price returns of the SPDR S&P 500 ETF Trust, its benchmark asset, at the close of its defined outcome period. It provides participation in the benchmark's upside, up to a pre-established maximum gain, concurrently protecting against the first 20% of any declines in the underlying ETF's value. However, both this gain cap and the protective buffer will be diminished by the fund's management fees and other associated expenses.

Asset class

Equity

Issuer

AllianzIM

Domicile

US

Inception date

Dec 31, 2020

Holdings

5

ISIN

US00888H8025