AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF

Frequently Asked Questions About SIXP

What does SIXP invest in?

This ETF aims to mirror the price performance of the SPDR S&P 500 ETF Trust (its benchmark) over a specific investment period. It provides protection against the first 10% of losses incurred by the benchmark, while potential gains are capped at a predetermined upside limit. Both this maximum gain and the loss buffer are determined after accounting for the fund's management and other operating expenses.

What is the expense ratio of SIXP?

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SIXP?

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) manages $54.5M 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 SIXP actively managed or an index fund?

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

When was SIXP launched?

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (SIXP) launched in February 2024 and is managed by AllianzIM.

How has SIXP performed?

SIXP'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.