AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU)

The AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (OCTU) is a defined-outcome fund managed by Allianz Investment Management. It seeks to track the performance of the large-cap U.S. equity market, represented by an S&P 500 reference ETF, over a one-year outcome period that begins each October.

Using exchange-traded FLEX options, the fund aims to buffer against the first 15% of losses in the reference asset over the period. It does not impose a fixed cap on gains; instead the cost of the buffer is reflected in reduced participation in the upside. The options are reset at the start of each outcome period.