MINNEAPOLIS—January 3, 2022 — Allianz Investment Management has launched a new buffered earnings ETF with a six-month earnings period: the AllianzIM US Large Cap 6 Month Buffer ETF10 Jan/Jul.
Using FLEX options, AllianzIM’s new ETF seeks to match the returns of the S&P 500 Price Return Index up to a defined cap, while providing downside risk mitigation through a buffer against the top 10% of losses in the S&P 500 Price Return Index for SIXJ over six years. -month period of result. The initial 6-month results period runs from January 1, 2022 to June 30, 2022, with a subsequent 6-month results period from July 1 to December 31 or January 1 to June 30.
| Teleprinter | Index exposure | Dampen1 | Cap1 | Results period start date | Result period end date |
| SIXJ
AllianzIM US Large Cap 6 Month Buffer10 Jan/Jul ETF |
S&P500 | 10% Gross / 9.63% Net | 5.30% Gross / 4.93% Net | January 1, 2022 | June 30, 2022 |
“Investors face a significant level of uncertainty going into the year due to variants of COVID-19, inflation and other risks,” said Johan Grahn, vice president and head of ETFs at AllianzIM. “In an environment of historically low interest rates and volatile stock markets, SIXJ offers investors another option to help mitigate risk in their portfolios.”
MINNEAPOLIS—January 3, 2022 — Allianz Investment Management LLC (AllianzIM), a wholly owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), today launched a new buffered earnings ETF with a six-month earnings period: the AllianzIM US Large Cap 6 Month Buffer ETF10 Jan/Jul (NYSE: SIXJ).
Using FLEX options, AllianzIM’s new ETF seeks to match the returns of the S&P 500 Price Return Index up to a defined cap, while providing downside risk mitigation through a buffer against the top 10% of losses in the S&P 500 Price Return Index for SIXJ over six years. -month period of result. The initial 6-month results period runs from January 1, 2022 to June 30, 2022, with a subsequent 6-month results period from July 1 to December 31 or January 1 to June 30.
Advertising
| Teleprinter | Index exposure | Dampen1 | Cap1 | Results period start date | Result period end date |
| SIXJ
AllianzIM US Large Cap 6 Month Buffer10 Jan/Jul ETF |
S&P500 | 10% Gross / 9.63% Net | 5.30% Gross / 4.93% Net | January 1, 2022 | June 30, 2022 |
“Investors face a significant level of uncertainty going into the year due to variants of COVID-19, inflation and other risks,” said Johan Grahn, vice president and head of ETFs at AllianzIM. “In an environment of historically low interest rates and volatile equity markets, SIXJ offers investors another option to help mitigate risk in their portfolios.”
With an expense ratio of 0.74%, SIXJ is one of the cheapest buffered earnings ETFs on the market. With two results periods per year, SIXJ resets the cap and buffer every 6 months and the ETF can serve as an alternative to short-term, low-yield investment options and provide tactical applications within a investment portfolio.
AllianzIM launched its six-month Buffered Outcome ETFs in October 2021 with the launch of the AllianzIM US Large Cap 6 Month Buffer10 Apr/Oct ETF (NYSE: SIXO). SIXJ and SIXO are the latest evolution of AllianzIM’s suite of buffered earnings ETFs. Between the two ETFs, investors can now benefit from defined performance periods with the option to invest in such a way that caps and buffers reset every three months.
In addition, the AllianzIM US Large Cap Buffer Jan 10 ETF (NYSE: AZAJ) and AllianzIM US Large Cap Buffer Jan 20 ETF (NYSE: AZBJ) begin a new one-year earnings period today with new caps at the rise.
| Teleprinter | Index exposure | Dampen1 | Cap1 | Results period start date | Result period end date |
| AZAJ
AllianzIM US Large Cap Buffer10 Jan ETF |
S&P500 | 10% Gross / 9.26% Net | 12.00% Gross / 11.26% Net | January 1, 2022 | December 31, 2022 |
| AZBJ
AllianzIM US Large Cap Buffer20 Jan ETF |
S&P500 | 20% Gross / 19.26% Net | 6.70% Gross / 5.96% Net | January 1, 2022 | December 31, 2022 |
AllianzIM Buffered Outcome ETFs seek to leverage AllianzIM’s core strengths, including risk management experience and internal hedging capabilities. As part of one of the world’s largest diversified insurance and asset management companies, AllianzIM, with $16.4 billion in assets under management, is powered by the same proprietary in-house hedging platform which is used by affiliates to help manage over $145 billion in coverage. assets for institutional and retail investors worldwide. Offering a new way to help investors mitigate risk and reduce volatility, these buffered return ETFs complement Allianz Life’s suite of annuity and life insurance products.
“Risk mitigation is the bread and butter of AllianzIM,” said Brian Muench, President of AllianzIM. “We look forward to leveraging our evolving product lineup to improve the risk management landscape in 2022, as investors continue to face unforeseen risks in the market.”
For more information on the AllianzIM Buffered Outcome ETF suite, visit www.allianzIM.com.
