AllianzIM U.S. Equity Buffer20 Jul ETF

Frequently Asked Questions About JULW

What does JULW invest in?

This ETF is designed to mirror the investment performance of the SPDR S&P 500 ETF Trust (its underlying benchmark) over a specific investment cycle. While it aims to track the benchmark's gains, these are limited by a predetermined maximum return, referred to as an upside cap. In terms of downside protection, the fund also provides a buffer against the initial 20% of any losses the underlying ETF might experience. It's important to note that both this potential upside cap and the protective buffer will be reduced after the deduction of management fees and other operational costs associated with the fund.

What is the expense ratio of JULW?

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

How big is JULW?

AllianzIM U.S. Equity Buffer20 Jul ETF (JULW) manages $247.1M 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 JULW actively managed or an index fund?

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

When was JULW launched?

AllianzIM U.S. Equity Buffer20 Jul ETF (JULW) launched in June 2020 and is managed by AllianzIM.

How has JULW performed?

JULW'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.