AllianzIM U.S. Equity Buffer20 Jan ETF

Frequently Asked Questions About JANW

What does JANW invest in?

This fund aims to mirror the share price returns of the SPDR S&P 500 ETF Trust, its benchmark asset, at the close of its defined outcome period. It provides participation in the benchmark's upside, up to a pre-established maximum gain, concurrently protecting against the first 20% of any declines in the underlying ETF's value. However, both this gain cap and the protective buffer will be diminished by the fund's management fees and other associated expenses.

What is the expense ratio of JANW?

AllianzIM U.S. Equity Buffer20 Jan ETF (JANW) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JANW?

AllianzIM U.S. Equity Buffer20 Jan ETF (JANW) manages $346.7M 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 JANW actively managed or an index fund?

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

When was JANW launched?

AllianzIM U.S. Equity Buffer20 Jan ETF (JANW) launched in December 2020 and is managed by AllianzIM.

How has JANW performed?

JANW'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.