AllianzIM U.S. Equity Buffer20 Jun ETF

Frequently Asked Questions About JUNW

What does JUNW invest in?

This ETF is structured to largely mirror the price appreciation of its benchmark, the SPDR S&P 500 ETF Trust, over a specific investment cycle, though with a predefined limit on potential gains. Concurrently, it offers a protective cushion, designed to absorb the initial 20% of any downturns experienced by that underlying ETF. It is important to note that the effective maximum gain (cap) and the loss protection level will both be diminished by the fund's various management and operating costs.

What is the expense ratio of JUNW?

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

How big is JUNW?

AllianzIM U.S. Equity Buffer20 Jun ETF (JUNW) manages $369.6M 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 JUNW actively managed or an index fund?

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

When was JUNW launched?

AllianzIM U.S. Equity Buffer20 Jun ETF (JUNW) launched in May 2023 and is managed by AllianzIM.

How has JUNW performed?

JUNW'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.