AllianzIM U.S. Equity Buffer20 Aug ETF

Frequently Asked Questions About AUGW

What does AUGW invest in?

This ETF is designed to track the share price performance of the SPDR S&P 500 ETF Trust (its underlying benchmark) over a specific investment duration. While it seeks to replicate these returns, its potential gains are limited by a predetermined cap. Concurrently, the fund offers a protective cushion against the first 20% of any losses incurred by the underlying ETF. It's important to note that both this upside limit and the downside buffer will be diminished by the fund's management fees and various other operational expenses.

What is the expense ratio of AUGW?

AllianzIM U.S. Equity Buffer20 Aug ETF (AUGW) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AUGW?

AllianzIM U.S. Equity Buffer20 Aug ETF (AUGW) manages $133.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AUGW actively managed or an index fund?

AUGW is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (AUGW's is 0.74%) because there's no security selection cost.

When was AUGW launched?

AllianzIM U.S. Equity Buffer20 Aug ETF (AUGW) launched in July 2023 and is managed by AllianzIM.

How has AUGW performed?

AUGW's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.