AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF

Frequently Asked Questions About FLJJ

What does FLJJ invest in?

This fund is designed to mirror the share price performance of the SPDR S&P 500 ETF Trust over each six-month investment period. It aims to achieve these returns up to a predefined upside cap, while simultaneously providing a protective floor that limits potential losses to a maximum of 5%. It's important to note that these specified cap and floor levels are determined prior to the deduction of any fund fees and operational expenses.

What is the expense ratio of FLJJ?

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

How big is FLJJ?

AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF (FLJJ) 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 FLJJ actively managed or an index fund?

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

When was FLJJ launched?

AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF (FLJJ) launched in January 2024 and is managed by AllianzIM.

How has FLJJ performed?

FLJJ'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.