AllianzIM U.S. Large Cap Buffer20 Oct ETF

Frequently Asked Questions About AZBO

What does AZBO invest in?

Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Specifically, the manager intends to invest substantially all of the fund's assets in FLexible EXchange Options ("FLEX Options") that reference the S&P 500 Price Index. The fund is non-diversified.

What is the expense ratio of AZBO?

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

How big is AZBO?

AllianzIM U.S. Large Cap Buffer20 Oct ETF (AZBO) manages $161.3M 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 AZBO actively managed or an index fund?

AZBO 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 (AZBO's is 0.74%) because there's no security selection cost.

When was AZBO launched?

AllianzIM U.S. Large Cap Buffer20 Oct ETF (AZBO) launched in September 2020 and is managed by AllianzIM.

How has AZBO performed?

AZBO'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.