OCTW Profile
The
AllianzIM U.S. Large Cap Buffer20 Oct ETF, with the ticker symbol
OCTW, 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 invests in a diversified portfolio of large-cap
U.S. stocks and utilizes an options strategy to provide a buffer
against market declines. Here's an extended company report for the
AllianzIM U.S. Large Cap Buffer20 Oct ETF:
The AllianzIM U.S.
Large Cap Buffer20 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 Buffer20 Oct ETF invests in a diversified portfolio of large-cap
U.S. stocks and utilizes an options strategy that provides a buffer
against market declines. The ETF seeks to limit downside risk by
providing a 20% buffer against the first 20% of losses in the S&P 500
Index over the course of a year.
As of March 18, 2023, the
AllianzIM U.S. Large Cap Buffer20 Oct ETF had a net asset value of
approximately $90 million. The ETF's expense ratio is 0.84%, which is
higher than the average expense ratio for similar ETFs.
Investing in the AllianzIM U.S. Large Cap Buffer20 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 Buffer20 Oct ETF seeks to provide investors
with exposure to the performance of the S&P 500 Index while limiting
downside risk through an options strategy. The ETF's investment
strategy provides a buffer against market declines, with a downside
buffer of 20% against the first 20% of losses in 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 Buffer20 Oct ETF before making any investment
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