AllianzIM U.S. Equity Buffer20 Sep ETF

Frequently Asked Questions About SEPW

What does SEPW invest in?

This fund aims to mirror the share price returns of the SPDR S&P 500 ETF Trust (the benchmark ETF) upon the completion of its designated outcome period. It offers downside protection against the first 20% of losses experienced by the benchmark ETF, while potential gains are limited by a predefined upside cap. Both this cap and the protective buffer will be reduced to account for management charges and other operational costs of the fund.

What is the expense ratio of SEPW?

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

How big is SEPW?

AllianzIM U.S. Equity Buffer20 Sep ETF (SEPW) manages $105.7M 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 SEPW actively managed or an index fund?

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

When was SEPW launched?

AllianzIM U.S. Equity Buffer20 Sep ETF (SEPW) launched in August 2023 and is managed by AllianzIM.

How has SEPW performed?

SEPW'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.