 The
AllianzIM U.S. Large Cap Buffer10 Oct ETF, with the ticker symbol
OCTT, is an exchange-traded fund that seeks to provide investors with
exposure to the performance of the S&P 500 Index while limiting
downside risk. The ETF seeks to achieve this by investing in a
diversified portfolio of large-cap U.S. stocks and utilizing an
options strategy to provide a buffer against market declines. Here's
an extended company report for the AllianzIM U.S. Large Cap Buffer10
Oct ETF:
The AllianzIM U.S. Large Cap Buffer10 Oct ETF was
launched in 2020 by Allianz Investment Management LLC, a leading
investment management company. The ETF seeks to provide investors with
exposure to the performance of the S&P 500 Index while limiting
downside risk.
The AllianzIM U.S. Large Cap Buffer10 Oct ETF
provides investors with exposure to a diversified portfolio of
large-cap U.S. stocks, with a focus on limiting downside risk through
an options strategy. The ETF utilizes an options strategy that
provides a buffer against market declines, with a downside buffer of
10% of the S&P 500 Index over the course of a year.
As of March
18, 2023, the AllianzIM U.S. Large Cap Buffer10 Oct ETF had a net
asset value of approximately $50 million. The ETF's expense ratio is
0.74%, which is higher than the average expense ratio for similar
ETFs.
Investing in the AllianzIM U.S. Large Cap Buffer10 Oct
ETF involves risks, including the risk that the ETF's performance may
be affected by changes in market conditions, changes in interest
rates, and other factors that may impact the companies in which the
ETF invests. In addition, the ETF's performance may be affected by
changes in foreign currency exchange rates, as well as fluctuations in
the prices of individual securities held by the ETF.
In
conclusion, the AllianzIM U.S. Large Cap Buffer10 Oct ETF provides
investors with exposure to a diversified portfolio of large-cap U.S.
stocks while limiting downside risk through an options strategy. The
ETF's investment strategy seeks to provide investors with a buffer
against market declines, with a downside buffer of 10% of the S&P 500
Index over the course of a year. However, investors should carefully
consider the risks and potential benefits of investing in the
AllianzIM U.S. Large Cap Buffer10 Oct ETF before making any investment
decisions.
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