AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF

AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF is an actively managed U.S. large-cap equity ETF designed to provide exposure to the share price returns of the SPDR S&P 500 ETF Trust over a one-year outcome period. The fund uses an options-based buffered strategy that seeks to deliver uncapped upside after a stated spread while cushioning the first 15% of losses during the outcome period. Its structure is intended for investors seeking defined-outcome equity exposure rather than direct index tracking. MARU holds a small set of positions, primarily tied to FLEX options and collateral, and is part of AllianzIM’s buffered ETF lineup focused on U.S. large-cap market exposure. The ETF serves as a specialized portfolio tool for gaining broad U.S. equity participation with embedded downside buffer features.