Reset marks the start of new 12-month outcome
period for 10% and 20% buffer strategies (AZAL and AZBL)
Allianz Investment Management LLC (AllianzIM), a registered
investment adviser and wholly-owned subsidiary of Allianz Life
Insurance Company of North America (Allianz Life®), announces new
upside caps for the July series of its U.S. Large Cap Buffered
Outcome ETFs suite: the AllianzIM U.S. Large Cap Buffer10 Jul ETF
(NYSE: AZAL) and the AllianzIM U.S. Large Cap Buffer20 Jul ETF
(NYSE: AZBL).
Ticker
Index Exposure
Buffer1
Cap1
Outcome Period Start Date
Outcome Period End Date
AZAL
AllianzIM U.S. Large Cap Buffer10 Jul
ETF
S&P 500
10% Gross / 9.26% Net
10.70% Gross / 9.96% Net
July 1, 2021
June 30, 2022
AZBL
AllianzIM U.S. Large Cap Buffer20 Jul
ETF
S&P 500
20% Gross / 19.26% Net
5.46% Gross / 4.72% Net
July 1, 2021
June 30, 2022
AllianzIM’s lineup of low-cost2 Buffered Outcome ETFs seek to
match the returns of the S&P 500 Price Return Index up to a
stated Cap, while providing downside risk mitigation through a
Buffer against the first 10% and 20% of S&P 500 Price Return
Index losses over the 12-month outcome period. Funds AZAL and AZBL
now have a one-year track record and have successfully achieved
their expected outcomes over their initial outcome period.
“As inflation concerns continue to mount, it is increasingly
challenging for investors to find comfort with investments in bond
and equity markets alike,” said Johan Grahn, Head of ETF Strategy
at AllianzIM. “Inflation is one of the worst enemies for people in
retirement in particular, posing a dual-threat of decreasing bond
prices and hollowing out of equity prices. Investors facing these
challenges may find the middle ground they’ve been looking for in
AllianzIM Buffered Outcome ETFs.”
Leveraging AllianzIM’s core strengths, AllianzIM Buffered
Outcome ETFs are managed on a proprietary in-house hedging platform
with over $150 billion in hedged assets. The ETFs complement
Allianz Life’s suite of annuity and life insurance products,
offering a new way to help investors seeking to mitigate risk and
reduce volatility.
Defined Outcome ETFs have become a must-watch category for many
investors. Following two banner years of growth, Defined Outcome
ETFs were ranked as one of the top rated spaces for innovation by
investors in Brown Brothers Harriman’s most recent Global ETF
Survey.
“We’re in the early innings, there’s no doubt,” said Brian
Muench, president of AllianzIM. “Defined Outcome ETFs can be simple
yet very effective risk-management solutions, and investors are
taking note given the run-up in equities and increased uncertainty
around inflation.”
For more information on the AllianzIM Buffered Outcome ETF
suite, please visit www.allianzIM.com.
1 Gross reflects the Cap and Buffer prior to taking into account
the 0.74% expense ratio of the ETF while Net accounts for the
expense ratio, but does not include brokerage commissions, trading
fees, taxes and non-routine or extraordinary expenses. The Cap and
Buffer experienced by investors may be different than the stated
numbers. The funds’ website, at www.allianzIM.com, provides
important fund information as well as information relating to the
potential outcomes of an investment in the Fund on a daily
basis.
2 Normal brokerage fees still apply.
Investing involves risk including possible loss of
principal.
Investors may lose their entire investment, regardless of when
they purchase shares, and even if they hold shares for an entire
Outcome Period. Full extent of Caps and Buffers only apply if held
for stated Outcome Period and are not guaranteed. The Cap may
increase or decrease and may vary significantly.
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a prospectus
with this and other information about the Fund, please visit
www.allianzim.com or call 877.429.3837. Read the prospectus
carefully before investing.
The Funds seek to deliver returns that match, at the end of a
specified one-year period (outcome period) the returns of the
S&P 500 Price Index up to a predetermined Cap, while limiting
downside losses by the amount of a specified Buffer, before fees
and expenses. There is no guarantee the funds will achieve their
investment objectives. You may lose your entire investment,
regardless of when you purchase shares, and even if you hold shares
for an entire Outcome Period. The Fund may not be suitable for all
investors.
The “S&P 500 Price Return Index” (“Index”) is a product of
S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and
Standard & Poor’s Financial Services LLC (“S&P”), and has
been licensed for use by Allianz Investment Management LLC
(“AllianzIM”). Standard & Poor’s®, S&P®, and S&P 500®
are registered trademarks of S&P; Dow Jones® is a registered
trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and
these trademarks have been licensed for use by SPDJI and
sublicensed for certain purposes by AllianzIM. AllianzIM U.S. Large
Cap Buffer10 July ETF and AllianzIM U.S. Large Cap Buffer20 July
ETF are not sponsored, endorsed, sold or promoted by SPDJI, Dow
Jones, S&P, or their respective affiliates, and none of such
parties make any representation regarding the advisability of
investing in such product(s) nor do they have any liability for any
errors, omissions, or interruptions of the Index. Distributed by
Foreside Fund Services, LLC.
About Allianz Investment Management LLC
AllianzIM, a wholly owned subsidiary of Allianz Life Insurance
Company of North America, is a registered investment adviser.
AllianzIM provides hedging and other derivatives-based risk
management solutions through its proprietary platform.
About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America, one of the
FORTUNE 100 Best Companies to Work For® and one of the Ethisphere
World’s Most Ethical Companies®, has been keeping its promises
since 1896 by helping Americans achieve their retirement income and
protection goals with a variety of annuity and life insurance
products. In 2020, Allianz Life provided additional value to its
policyholders via distributions of more than $10.1 billion. As a
leading provider of fixed index annuities, Allianz Life is part of
Allianz SE, a global leader in the financial services industry with
approximately 150,000 employees in more than 70 countries. Allianz
Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota,
home of Major League Soccer’s Minnesota United.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210701005513/en/
Caitlyn Foster Gregory FCA for AllianzIM 610-228-2056
allianz@gregoryfca.com
Jeff Faust Allianz Life (763) 765-6614
jeff.faust@allianzlife.com
Allianzim US Large Cap B... (AMEX:AZAL)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Allianzim US Large Cap B... (AMEX:AZAL)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024