AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO)

The AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO) is an exchange-traded fund from Allianz Investment Management, part of the Allianz group. It is a defined-outcome, or buffer, fund linked to the performance of the U.S. large-cap stock market as represented by the S&P 500.

The fund uses options to seek to protect against the full amount of losses in the reference market over a specified outcome period, a 100% buffer, while allowing participation in gains only up to a cap that is set at the start of each period. The protection and cap apply to investors who hold shares for the entire outcome period, and results for those buying or selling partway through can differ.

Its shares are listed on Cboe BZX.