- 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 $8.5M 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 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.
