AllianzIM U.S. Equity Buffer20 May ETF

Frequently Asked Questions About MAYW

What does MAYW invest in?

This exchange-traded fund (ETF) aims to replicate the share price performance of the SPDR S&P 500 ETF Trust, its underlying benchmark, over a designated investment period. It is designed to shield investors from the initial 20% of the underlying ETF's declines, while simultaneously capping potential gains at a predetermined maximum. It's important to note that both this upside limit and the downside protection will be diminished after the fund's management and other operational expenses are accounted for.

What is the expense ratio of MAYW?

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

How big is MAYW?

AllianzIM U.S. Equity Buffer20 May ETF (MAYW) manages $447.9M 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 MAYW actively managed or an index fund?

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

When was MAYW launched?

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

How has MAYW performed?

MAYW'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.