- 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 $8.5M 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.
