AIM ALLIANZIM U.S. EQUITY 6 MONTH FLOOR5 APR/OCT ETF (USD) FLAO.US

The fund is an actively managed U.S. equity ETF aiming to deliver a structured outcome over six-month periods during which it seeks to replicate the share price returns of the SPDR S&P 500 ETF Trust up to a predetermined cap, while limiting potential losses by providing a floor that restricts losses to a maximum of 5 % prior to fees and expenses.

To pursue those objectives, the fund invests substantially all of its assets in flexible exchange options referencing the underlying S&P 500 ETF. The outcome period resets every six months (April 1-September 30 or October 1-March 31), at which point the cap and floor are refreshed based on market conditions.

The strategy falls within the equity asset class with U.S. large-cap market exposure via the S&P 500. It is structured under the AIM ETF Products Trust and managed by Allianz Investment Management LLC as an ETF governed by U.S. securities regulations.