AllianzIM U.S. Large Cap Buffer20 Jan ETF

Designed to help mitigate risk and lower volatility

ETF Overview

The AllianzIM U.S. Large Cap Buffer20 Jan ETF (the Fund) seeks to match the returns of the S&P 500 Price Return Index up to a stated upside Cap, while providing a Buffer against the first 20% of the S&P 500 Price Return Index losses for the currently effective Outcome Period from January 1, 2022 to December 31, 2022.

ETF Details

Ticker JANW
Fund Name AllianzIM U.S. Large Cap Buffer20 Jan ETF
Strategy U.S. Large Cap 20% Buffer
Series January
Reference Asset S&P 500 Price Return Index
Inception Date 12/31/2020
Rebalance FrequencyMore info
Frequency with which the ETF resets to a new Outcome Period, wherein the Buffer is refreshed based on the current Reference Asset level and a new Cap is set. To determine when the next rebalance will occur, refer to the Outcome Period dates provided.
Annual
Expense Ratio 0.74%
Intraday Indicative Value (IIV) JANW.IV
CUSIP 00888H802
ISIN US00888H8025
Exchange NYSE Arca

ETF Market Data

NAV Per Share
Net Assets
Shares of ETF Outstanding

As of

 

Closing Price $26.21
Premium/Discount 0.04% / $0.01
30-Day Median Bid-Ask Spread 0.42%

As of 12/1/2022

 

The Buffered Outcome ETFs investment strategies are different from more typical investment products, and the Funds may be unsuitable for some investors. It is important that investors understand the investment strategy before making an investment. For more information regarding whether an investment in the Funds are right for you, please see the prospectus including "Investor Considerations."

There is no guarantee that the outcomes the Fund seeks will be realized or that the Fund will achieve its investment objectives. Full extent of the Caps and Buffers only apply if held for stated Outcome Period but are not guaranteed.

Outcome Period Details (GrossMore info
Excludes fees and expenses yet to be incurred.
 / NetMore info
Includes fees and expenses yet to be incurred.
)

Data as of 12/2/2022 04:15:00 PM EST

Starting ValueMore info
Values for the Outcome Period, as of the start of the Outcome Period.
Current ValueMore info
Values for the Remaining Outcome Period, as of the current timestamp.
CapMore info
Maximum potential return the ETF seeks to provide for the Outcome Period.
6.70% / 5.96%
7.31% / 7.26%More info
Maximum potential return the ETF seeks to provide for the Remaining Outcome Period, as of the current timestamp.
Reference Asset Return To CapMore info
Minimum reference asset return needed for the fund to realize the cap.
6.70% 24.90%More info
Minimum reference asset return needed for the fund to realize the cap, as of the current timestamp.
BufferMore info
Maximum potential loss reduction the ETF seeks to provide for the Outcome Period.
20.00% / 19.26%
6.93% / 6.88%More info
Maximum potential loss reduction the ETF seeks to provide for the Remaining Outcome Period, as of the current timestamp.
Downside Before BufferMore info
Maximum potential loss the ETF seeks to incur before benefitting from the Buffer for the Remaining Outcome Period, as of the current timestamp.
0.00% / -0.74%
0.00% / -0.06%
Outcome PeriodMore info
Period of time over which the ETF seeks to provide Starting Value outcomes, including Cap and Buffer.
01/01/2022 - 12/31/2022
28 Days RemainingMore info
Period of time over which the ETF seeks to provide Current Value outcomes, including Remaining Cap, Remaining Buffer, and Downside Before Buffer.
Starting ETF NAV; Current Bid-Ask Midpoint $26.55More info
NAV as of the beginning of the Outcome Period.
$26.22More info
ETF Bid/Ask Midpoint, as of the current timestamp.
ETF Return for Outcome PeriodMore info
Total return since the beginning of the outcome period.
0.00%-1.25%
Reference Asset Value 4,766.184,071.70
Reference Asset return for Outcome PeriodMore info
Return since the beginning of the Outcome Period.
0.00%-14.57%

12/2/2022 04:15:00 PM EST

Market Data by Xignite.
Calculated data content provided by ETF Global LLC.

An investor that purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. In the event that the S&P 500 Price Index has gains in excess of the Cap for the Outcome Period, the Fund will not participate in those gains beyond the Cap. Despite the intended Buffer, a shareholder could lose their entire investment. Fund return and current outcome period values assume reinvestment of capital gain distributions, if any.

ETF Performance & Index HistoryAs of

List of companies and their prices.
Column one contains the official codes used in financial markets.
 
YTD
1 Year
3 Year
5 Year
Inception
ETF NAV
ETF closing price
S&P 500 Price Return Index

ETF Performance & Index History

List of companies and their prices.
Column one contains the official codes used in financial markets.
 
YTD
1 Year
3 Year
5 Year
Inception
Monthly (As of )
ETF NAV
ETF closing price
S&P 500 Price Return Index
Quarterly (As of )
ETF NAV
ETF closing price
S&P 500 Price Return Index

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Returns less than one year are cumulative.

Investors cannot directly invest in an index.

Premium/DiscountAs of

Premium/Discount
As of

 

Days Traded at Premium/DiscountAs of

Days Traded at Premium/Discount
As of

Premium/Discount for prior year and year to date
Column one contains the premium, NAV and discount.
 
Days traded at Premium
Days traded at NAV
Days traded at Discount

The above table and line graphs are provided to show the frequency at which the closing price of the Fund was at a premium (above), discount (below) or equal to the daily net asset value (“NAV”) as compared to the Fund’s NAV.

Content herein provides premium/discount data for the recently completed calendar year and the most recently completed calendar quarters since that year (or the life of the exchange-traded fund, if shorter).

Premium/discounts are as of the end of each business day. Rounding is to the hundredth decimal point as a percentage.

Data is provided by ETF Global LLC.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or download and review the prospectus at www.allianzim.com. Read the prospectus carefully before investing.

Allianz Investment Management LLC (AllianzIM) is a registered investment adviser that is a wholly owned subsidiary of Allianz Life Insurance Company of North America.

Documents

Effective upon the open of trading on October 31, 2022, the Fund’s ticker symbol changed from AZBJ to JANW.

The Funds seek to deliver returns that match, at the end of a specified one-year period (Outcome Period) the returns of the S&P 500 Price Index up to a predetermined Cap, while limiting downside losses by the amount of a specified Buffer, before fees and expenses. Fees and expenses will reduce performance. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The Fund may not be suitable for all investors.

Full extent of Caps and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Cap may increase or decrease and may vary significantly.

To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Fund Shares for that entire Outcome Period. An investor that purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. For example, if the Outcome Period has begun and the Fund has increased in value to a level near to the Cap, an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Alternatively, if the Outcome Period has begun and the Fund has decreased in value beyond the starting Buffer, an investor purchasing shares at that price may not benefit from the Buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the Buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.

In the event that the S&P 500 Price Index has gains in excess of the Cap for the Outcome Period, the Fund will not participate in those gains beyond the Cap. Despite the intended Buffer, a shareholder could lose their entire investment. An investment in the Fund is only appropriate for shareholders willing to bear those losses. The Cap and Buffer, and the Fund’s position relative to each, should be considered before investing in the Fund.

FLEX Options Risk. The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The Fund bears the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses.

FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option), or to sell (in the case of a put option), a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).

The Funds are classified as non-diversified and may invest a relatively high percentage of its assets in a limited number of issuers.

In addition to the risks listed above, the Funds also include buffered loss risk, capped upside return risk, upside participation risk, correlation risk, cap change risk, outcome period risk, downside risk, counterparty risk, valuation risk, liquidity risk, tax risk, market risk, large-cap companies risk, management risk, large shareholder risk, active markets risk, operational risk, authorized participant concentration risk, derivatives risk, ETF risks, cash transactions risk, trading issues risk and market maker risk.

The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI “) and Standard and Poor’s Financial Services LLC (“S&P”), and has been licensed for use by Allianz Investment Management LLC (Allianz(M). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”): and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by AllianzIM. AllianzIM U.S. Large Cap Buffer20 Jan ETF is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.

Shares of the Fund trade on the Exchange at market prices that may be below, at or above the Fund’s NAV. The market prices of the Shares generally will fluctuate in accordance with changes in NAV, as well as the relative supply of and demand for Shares on the Exchange. Brokerage commission will reduce returns.

Investing involves risk including possible loss of principal. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or download and review the prospectus. Read the prospectus carefully before investing.

Allianz Investment Management LLC serves as the ETFs’ investment adviser.

Allianz Investment Management LLC (AllianzIM) is a registered investment adviser and wholly-owned subsidiary of Allianz Life Insurance Company of North America.

Distributed by Foreside Fund Services, LLC

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