On Tuesday, Allianz Investment Management amplified its suite of buffer ETFs with the launch of two new funds. As buffer ETFs, both of these AllianzIM funds seek to offer capital appreciation with an added bulwark of downside mitigation.
As the ETF landscape has continued to develop and mature, the number of options investors can consider has grown significantly. One area of recent development has been defined outcome ETFs, with Allianz Investment Management LLC a key leader in the space.
On Monday, AllianzIM rolled out the AllianzIM U.S. Large Cap 6 Month Buffer10 Jun/Dec ETF (SIXD), the sixth ETF in its family of buffer ETFs that reset every six months, completing the series. The fund lists on the NYSE Arca with an expense ratio of 0.74%.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 54,117 | $1.87M | $2.1M | $229,733.89 | 12.26% |
| KK Kent Keister Kaye Capital Management | 34,191 | $1.14M | $1.33M | $194,552.36 | 17.13% |
Jeff Ameen Spire Wealth Management | 70,244 | $2.45M | $2.73M | $281,435.85 | 11.49% |
| BMH Brandi M. Hoffmann Allianz Investment Management U.S. LLC | 2,500 | $83,025 | $97,162.5 | $14,137.5 | 17.03% |
| NS Nicholas Shaheen FSA Advisors Inc. | 41,510 | $1.44M | $1.62M | $175,232.57 | 12.17% |
| ARCA Exchange | US Country |
This company operates a specialized investment fund that focuses on the U.S. large cap equity market. Under normal market conditions, at least 80% of the fund's net assets are allocated towards instruments that bear economic characteristics similar to those of U.S. large cap equity securities. The company’s investment approach primarily involves deploying assets in FLexible EXchange Options, known as FLEX Options, which are directly linked to the performance of an Underlying ETF. By concentrating its investments in this manner, the fund seeks to achieve its financial objectives. It is noteworthy that the fund is classified as non-diversified, indicating a strategy that may involve higher risk by focusing its investments more narrowly than diverse funds.
The fund offers a unique investment product focusing on the segment of U.S. large cap equities through innovative financial instruments. Below is a detailed look at its primary investment vehicle: