AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF

Frequently Asked Questions About FLAO

What does FLAO invest in?

This ETF aims to mirror the share price performance of the SPDR S&P 500 ETF Trust for each six-month investment cycle. It seeks to provide returns up to a predefined upside limit, while simultaneously offering a protective floor that caps potential losses at 5%. Please note that both the maximum gain and the loss protection are calculated before the deduction of any fund fees and operational expenses.

What is the expense ratio of FLAO?

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FLAO?

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) manages $8.6M 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 FLAO actively managed or an index fund?

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

When was FLAO launched?

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) launched in March 2024 and is managed by AllianzIM.

How has FLAO performed?

FLAO'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.