- What does MARW invest in?
- This fund endeavors to mirror the share price performance of the SPDR S&P 500 ETF Trust, its underlying benchmark, over a designated outcome period. It aims to capture gains up to a predetermined upside cap, while simultaneously providing a buffer against the initial 20% of any losses experienced by the benchmark. Crucially, both this maximum potential gain and the downside protection are subject to reduction by the fund's management and operational fees and expenses.
- What is the expense ratio of MARW?
- AllianzIM U.S. Equity Buffer20 Mar ETF (MARW) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MARW?
- AllianzIM U.S. Equity Buffer20 Mar ETF (MARW) manages $87.0M 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 MARW actively managed or an index fund?
- MARW 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 (MARW's is 0.74%) because there's no security selection cost.
- When was MARW launched?
- AllianzIM U.S. Equity Buffer20 Mar ETF (MARW) launched in February 2023 and is managed by AllianzIM.
- How has MARW performed?
- MARW'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.
