- What does FEBW invest in?
- This fund is structured to replicate the share price performance of the SPDR S&P 500 ETF Trust (the underlying ETF) over a specific outcome period, up to a predetermined maximum return. Concurrently, it offers protection against the first 20% of any losses incurred by the underlying ETF. It should be noted that both this potential for upside and the downside buffer are reduced by management fees and other fund-related expenses.
- What is the expense ratio of FEBW?
- AllianzIM U.S. Equity Buffer20 Feb ETF (FEBW) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FEBW?
- AllianzIM U.S. Equity Buffer20 Feb ETF (FEBW) manages $197.2M 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 FEBW actively managed or an index fund?
- FEBW 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 (FEBW's is 0.74%) because there's no security selection cost.
- When was FEBW launched?
- AllianzIM U.S. Equity Buffer20 Feb ETF (FEBW) launched in January 2023 and is managed by AllianzIM.
- How has FEBW performed?
- FEBW'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.
