AllianzIM Growth-100 Buffer5 ETF (QBQV)

The AllianzIM Growth-100 Buffer5 ETF is a defined-outcome fund from Allianz Investment Management (AllianzIM), part of the Allianz group.

The fund offers options-based exposure to large U.S. growth stocks, referencing an ETF that tracks the Nasdaq-100 Index. It seeks to absorb the first 5% of losses in that benchmark over each outcome period. With a smaller buffer than AllianzIM's Growth-100 Buffer15 fund, it generally keeps more of the upside when the market rises.

The options are reset at the end of every outcome period, and returns will not exactly match the Nasdaq-100. The fund trades on Cboe BZX under the ticker QBQV.