AllianzIM U.S. Large Cap Buffer10 Jul ETF

AllianzIM U.S. Equity Buffer10 Jul ETF is an exchange-traded fund designed to provide U.S. large-cap equity exposure with defined outcome features. The fund seeks to track the share price performance of the SPDR S&P 500 ETF Trust over a one-year outcome period, while capping upside participation and seeking to buffer the first 10% of losses during that period. It uses options-based strategies, including FLEX Options, to create this payoff structure and is managed by Allianz Investment Management LLC. The fund is intended for investors looking for a rules-based approach to broad U.S. equity market participation with a built-in downside buffer and limited upside range. It is used across the market as a buffered equity exposure vehicle that combines stock-market participation with outcome-defined risk parameters.