AllianzIM U.S. Equity Buffer10 Jun ETF

Frequently Asked Questions About JUNT

What does JUNT invest in?

This ETF is designed to track the performance of the SPDR S&P 500 ETF Trust (SPY) over a defined investment period. It aims to replicate SPY's returns up to a specific maximum gain, known as the upside cap. Simultaneously, it provides a protective cushion, shielding investors from the initial 10% of any losses incurred by the SPY. Crucially, both the potential maximum gain and the downside protection level will be reduced once the fund's management fees and other operating expenses are factored in.

What is the expense ratio of JUNT?

AllianzIM U.S. Equity Buffer10 Jun ETF (JUNT) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JUNT?

AllianzIM U.S. Equity Buffer10 Jun ETF (JUNT) manages $119.7M 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 JUNT actively managed or an index fund?

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

When was JUNT launched?

AllianzIM U.S. Equity Buffer10 Jun ETF (JUNT) launched in May 2023 and is managed by AllianzIM.

How has JUNT performed?

JUNT'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.