AllianzIM U.S. Equity Buffer20 Mar ETF

Frequently Asked Questions About MARW

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 $86.0M 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.