AllianzIM U.S. Equity 6 Month Buffer10 May/Nov Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization349.83 mln
Business Description
This fund puts the vast majority of its money into a specific type of options contract tied to a large U.S. stock market ETF. These contracts are designed to behave similarly to large American company stocks. The fund concentrates its holdings rather than spreading them across many different investments.