See ETF details
The Buffered Outcome ETFs investment strategies are different from more typical investment products, and the Funds may be unsuitable for some investors. It is important that investors understand the investment strategy before making an investment. For more information regarding whether an investment in the Funds is right for you, please see the prospectus including “Investor Considerations."
There is no guarantee that the outcomes the Fund seeks will be realized or that the Fund will achieve its investment objectives. Full extent of the Caps and Buffers only apply if held for stated Outcome Period but are not guaranteed.
Calculated data content provided by ETF Global LLC.
An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period.
The Funds seek to provide returns that track, at the end of a specified one-year period (Outcome Period), the returns of the SPDR® S&P 500® ETF Trust that are in excess of the Spread in positive market environments, while providing downside protection by the amount of the specific Buffer, before fees and expenses. Fees and expenses will reduce performance. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The fund may not be suitable for all investors.
Full extent of Spreads and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Spread may increase or decrease and may vary significantly after the end of the Outcome Period.
To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Fund Shares for that entire Outcome Period. An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. For example, if the Outcome Period has begun and the Fund has increased in value to a level beyond the Spread, an investor purchasing at that price still remains vulnerable to downside risks. Alternatively, if the Outcome Period has begun and the Fund has decreased in value beyond the starting Buffer, an investor purchasing shares at that price may not benefit from the Buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the Buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.
In the event that the SPDR® S&P 500® ETF Trust has gains in excess of the Spread in positive market environments at the end of the Outcome Period, the Fund will participate in those gains without a Cap. Despite the intended Buffer, a shareholder could lose their entire investment. An investment in the Fund is only appropriate for shareholders willing to bear those losses. The Spread and Buffer, and the Fund’s position relative to each, should be considered before investing in the Fund.
The buffer, which the fund seeks to provide, will be reduced and the spread will increase after taking into account the management fees, as shown in the net starting buffer and net starting spread. The spread cost represents the upside performance a shareholder forgoes in return for the downside protection provided by the buffer. Any upside performance as measured at the end of the outcome period will be reduced by the spread cost and management fee. The Fund’s performance will not reflect the entirety of any upside performance of the reference asset.
FLEX Options Risk. The fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The fund bears the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the fund could suffer significant losses.
FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option), or to sell (in the case of a put option), a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
The funds are classified as non-diversified and may invest a relatively high percentage of their assets in a limited number of issuers.
In addition to the risks listed above, the Funds also include buffered loss risk, upside participation risk, correlation risk, spread change risk, investment objective risk, outcome period risk, downside risk, counterparty risk, non-diversification risk, valuation risk, liquidity risk, tax risk, underlying ETF risk, equity securities risk, large-capitalization companies risk, information technology sector risk, market risk, premium/discount risk, management risk, large shareholder risk, active markets risk, operational risk, authorized participant concentration risk, cash transactions risk, trading issues risk, and market maker risk.
Shares of the fund trade on the Exchange at market prices that may be below, at or above the Fund’s NAV. The market prices of the shares generally will fluctuate in accordance with changes in NAV, as well as the relative supply of and demand for shares on the Exchange. Brokerage commission will reduce returns.
Investing involves risk including possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or review the prospectus. Read the prospectus carefully before investing.
Allianz Investment Management LLC serves as the ETFs’ investment adviser.
Allianz Investment Management LLC (AllianzIM) is a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America.
Distributed by Foreside Fund Services, LLC. Allianz Investment Management LLC and Allianz Life Insurance Company of North America are not affiliated with Foreside Fund Services, LLC.
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ETF Summary
The fund seeks to provide, at the end of the outcome period, returns that track the share price returns of the SPDR® S&P 500® ETF Trust (the underlying ETF) that are in excess of the spread in positive market environments (i.e., where underlying ETF returns are positive and are greater than the spread), while providing a buffer against the first 15% of underlying ETF losses. The fund’s strategy is designed to produce these outcomes based upon the performance of the underlying ETF’s share price returns at the conclusion of the outcome period.
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ETF Strategy
Looking for a way to capture big maket upswings without sacrificing a level of downside protection? AllianzIM U.S. Equity Buffer15 Uncapped ETFs seek unlimited upside exposure once the underlying ETF’s returns pass the predetermined spread, with a 15% downside buffer before fees and expenses to help cushion market drops.
Reasons to Consider JANU
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Uncapped growth
Seek unlimited upside potential after surpassing the spread, as measured at the end of the outcome period.
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Help reduce risk
Seek to cushion market drops with a buffer against the first 15% of SPDR® S&P 500® ETF Trust losses, before fees and expenses.
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Strategic flexibility
Resets with a new spread and fresh buffer at the end of each 12-month outcome period can potentially offer tactical opportunities.
An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. In the event that the SPDR® S&P 500® ETF Trust has gains in excess of the Spread at the end of the Outcome Period, the Fund will participate in those gains beyond the Spread. Despite the intended Buffer, a shareholder could lose their entire investment.
Fees and expenses will reduce performance. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The fund may not be suitable for all investors.
Full extent of Spreads and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Spread may increase or decrease and may vary significantly after the end of the Outcome Period.
To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Fund Shares for that entire Outcome Period. An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. For example, if the Outcome Period has begun and the Fund has increased in value to a level beyond the Spread, an investor purchasing at that price still remains vulnerable to downside risks. Alternatively, if the Outcome Period has begun and the Fund has decreased in value beyond the starting Buffer, an investor purchasing shares at that price may not benefit from the Buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the Buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.
In the event that the SPDR® S&P 500® ETF Trust has gains in excess of the Spread in positive market environments at the end of the Outcome Period, the Fund will participate in those gains without a Cap. Despite the intended Buffer, a shareholder could lose their entire investment. An investment in the Fund is only appropriate for shareholders willing to bear those losses. The Spread and Buffer, and the Fund’s position relative to each, should be considered before investing in the Fund.
The buffer, which the fund seeks to provide, will be reduced and the spread will increase after taking into account the management fees, as shown in the net starting buffer and net starting spread. The spread cost represents the upside performance a shareholder forgoes in return for the downside protection provided by the buffer. Any upside performance as measured at the end of the outcome period will be reduced by the spread cost and management fee. The Fund’s performance will not reflect the entirety of any upside performance of the reference asset.
FLEX Options Risk. The fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The fund bears the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the fund could suffer significant losses.
FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option), or to sell (in the case of a put option), a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
The funds are classified as non-diversified and may invest a relatively high percentage of their assets in a limited number of issuers.
In addition to the risks listed above, the Funds also include buffered loss risk, upside participation risk, correlation risk, spread change risk, investment objective risk, outcome period risk, downside risk, counterparty risk, non-diversification risk, valuation risk, liquidity risk, tax risk, underlying ETF risk, equity securities risk, large-capitalization companies risk, information technology sector risk, market risk, premium/discount risk, management risk, large shareholder risk, active markets risk, operational risk, authorized participant concentration risk, cash transactions risk, trading issues risk, and market maker risk.
Shares of the fund trade on the Exchange at market prices that may be below, at or above the Fund’s NAV. The market prices of the shares generally will fluctuate in accordance with changes in NAV, as well as the relative supply of and demand for shares on the Exchange. Brokerage commission will reduce returns.
Investing involves risk including possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or review the prospectus. Read the prospectus carefully before investing.
Allianz Investment Management LLC serves as the ETFs’ investment adviser.
Allianz Investment Management LLC (AllianzIM) is a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America.
Distributed by Foreside Fund Services, LLC. Allianz Investment Management LLC and Allianz Life Insurance Company of North America are not affiliated with Foreside Fund Services, LLC.
ETF Performance & Index History
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YTD
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1 Year
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3 Year
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5 Year
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Inception
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| Monthly (As of ) | |||||
| ETF NAV | – | – | – | – | – |
| ETF closing price | – | – | – | – | – |
| S&P 500® Price Return Index | – | – | – | – | – |
| Quarterly (As of ) | |||||
| ETF NAV | – | – | – | – | – |
| ETF closing price | – | – | – | – | – |
| S&P 500® Price Return Index | – | – | – | – | – |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Returns less than one year are cumulative.
Investors cannot directly invest in an index.
Premium/Discount
Days Traded at Premium/Discount
| Days traded at Premium | ||
| Days traded at NAV | ||
| Days traded at Discount |
The above table and line graphs are provided to show the frequency at which the closing price of the fund was at a premium (above), discount (below), or equal to the daily net asset value ("NAV") as compared to the fund's NAV.
Content herein provides premium/discount data for the recently completed calendar year and the most recently completed calendar quarters since that year (or the life of the exchange-traded fund, if shorter).
The Funds seek to provide returns that track, at the end of a specified one-year period (Outcome Period), the returns of the SPDR® S&P 500® ETF Trust that are in excess of the Spread in positive market environments, while providing downside protection by the amount of the specific Buffer, before fees and expenses. Fees and expenses will reduce performance. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The fund may not be suitable for all investors.
Full extent of Spreads and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Spread may increase or decrease and may vary significantly after the end of the Outcome Period.
To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Fund Shares for that entire Outcome Period. An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. For example, if the Outcome Period has begun and the Fund has increased in value to a level beyond the Spread, an investor purchasing at that price still remains vulnerable to downside risks. Alternatively, if the Outcome Period has begun and the Fund has decreased in value beyond the starting Buffer, an investor purchasing shares at that price may not benefit from the Buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the Buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.
In the event that the SPDR® S&P 500® ETF Trust has gains in excess of the Spread in positive market environments at the end of the Outcome Period, the Fund will participate in those gains without a Cap. Despite the intended Buffer, a shareholder could lose their entire investment. An investment in the Fund is only appropriate for shareholders willing to bear those losses. The Spread and Buffer, and the Fund’s position relative to each, should be considered before investing in the Fund.
The buffer, which the fund seeks to provide, will be reduced and the spread will increase after taking into account the management fees, as shown in the net starting buffer and net starting spread. The spread cost represents the upside performance a shareholder forgoes in return for the downside protection provided by the buffer. Any upside performance as measured at the end of the outcome period will be reduced by the spread cost and management fee. The Fund’s performance will not reflect the entirety of any upside performance of the reference asset.
FLEX Options Risk. The fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The fund bears the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the fund could suffer significant losses.
FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option), or to sell (in the case of a put option), a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
The funds are classified as non-diversified and may invest a relatively high percentage of their assets in a limited number of issuers.
In addition to the risks listed above, the Funds also include buffered loss risk, upside participation risk, correlation risk, spread change risk, investment objective risk, outcome period risk, downside risk, counterparty risk, non-diversification risk, valuation risk, liquidity risk, tax risk, underlying ETF risk, equity securities risk, large-capitalization companies risk, information technology sector risk, market risk, premium/discount risk, management risk, large shareholder risk, active markets risk, operational risk, authorized participant concentration risk, cash transactions risk, trading issues risk, and market maker risk.
Shares of the fund trade on the Exchange at market prices that may be below, at or above the Fund’s NAV. The market prices of the shares generally will fluctuate in accordance with changes in NAV, as well as the relative supply of and demand for shares on the Exchange. Brokerage commission will reduce returns.
Investing involves risk including possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or review the prospectus. Read the prospectus carefully before investing.
The S&P 500® Price Return Index is a broad measure of U.S. large-cap stocks and does not include reinvestment of dividends. SPDR® S&P 500® ETF Trust is an exchange-traded fund. It is designed to track the S&P 500 stock market index.
Allianz Investment Management LLC serves as the ETFs’ investment adviser.
Allianz Investment Management LLC (AllianzIM) is a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America.
Distributed by Foreside Fund Services, LLC. Allianz Investment Management LLC and Allianz Life Insurance Company of North America are not affiliated with Foreside Fund Services, LLC.
Holdings
The Buffered Outcome ETFs investment strategies are different from more typical investment products, and the Funds may be unsuitable for some investors. It is important that investors understand the investment strategy before making an investment. For more information regarding whether an investment in the Funds is right for you, please see the prospectus including "Investor Considerations."
The Funds seek to provide returns that track, at the end of a specified one-year period (Outcome Period), the returns of the SPDR® S&P 500® ETF Trust that are in excess of the Spread in positive market environments, while providing downside protection by the amount of the specific Buffer, before fees and expenses. Fees and expenses will reduce performance. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The fund may not be suitable for all investors.
Full extent of Spreads and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Spread may increase or decrease and may vary significantly after the end of the Outcome Period.
To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Fund Shares for that entire Outcome Period. An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. For example, if the Outcome Period has begun and the Fund has increased in value to a level beyond the Spread, an investor purchasing at that price still remains vulnerable to downside risks. Alternatively, if the Outcome Period has begun and the Fund has decreased in value beyond the starting Buffer, an investor purchasing shares at that price may not benefit from the Buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the Buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.
In the event that the SPDR® S&P 500® ETF Trust has gains in excess of the Spread in positive market environments at the end of the Outcome Period, the Fund will participate in those gains without a Cap. Despite the intended Buffer, a shareholder could lose their entire investment. An investment in the Fund is only appropriate for shareholders willing to bear those losses. The Spread and Buffer, and the Fund’s position relative to each, should be considered before investing in the Fund.
The buffer, which the fund seeks to provide, will be reduced and the spread will increase after taking into account the management fees, as shown in the net starting buffer and net starting spread. The spread cost represents the upside performance a shareholder forgoes in return for the downside protection provided by the buffer. Any upside performance as measured at the end of the outcome period will be reduced by the spread cost and management fee. The Fund’s performance will not reflect the entirety of any upside performance of the reference asset.
FLEX Options Risk. The fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The fund bears the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the fund could suffer significant losses.
FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option), or to sell (in the case of a put option), a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
The funds are classified as non-diversified and may invest a relatively high percentage of their assets in a limited number of issuers.
In addition to the risks listed above, the Funds also include buffered loss risk, upside participation risk, correlation risk, spread change risk, investment objective risk, outcome period risk, downside risk, counterparty risk, non-diversification risk, valuation risk, liquidity risk, tax risk, underlying ETF risk, equity securities risk, large-capitalization companies risk, information technology sector risk, market risk, premium/discount risk, management risk, large shareholder risk, active markets risk, operational risk, authorized participant concentration risk, cash transactions risk, trading issues risk, and market maker risk.
Shares of the fund trade on the Exchange at market prices that may be below, at or above the Fund’s NAV. The market prices of the shares generally will fluctuate in accordance with changes in NAV, as well as the relative supply of and demand for shares on the Exchange. Brokerage commission will reduce returns.
Investing involves risk including possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or review the prospectus. Read the prospectus carefully before investing.
Allianz Investment Management LLC serves as the ETFs’ investment adviser.
Allianz Investment Management LLC (AllianzIM) is a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America.
Distributed by Foreside Fund Services, LLC. Allianz Investment Management LLC and Allianz Life Insurance Company of North America are not affiliated with Foreside Fund Services, LLC.
Documents
The Funds seek to provide returns that track, at the end of a specified one-year period (Outcome Period), the returns of the SPDR® S&P 500® ETF Trust that are in excess of the Spread in positive market environments, while providing downside protection by the amount of the specific Buffer, before fees and expenses. Fees and expenses will reduce performance. There is no guarantee the funds will achieve their investment objectives. You may lose your entire investment, regardless of when you purchase shares, and even if you hold shares for an entire Outcome Period. The fund may not be suitable for all investors.
Full extent of Spreads and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Spread may increase or decrease and may vary significantly after the end of the Outcome Period.
To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Fund Shares for that entire Outcome Period. An investor who purchases Fund Shares after the Outcome Period has begun or sells Fund Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. For example, if the Outcome Period has begun and the Fund has increased in value to a level beyond the Spread, an investor purchasing at that price still remains vulnerable to downside risks. Alternatively, if the Outcome Period has begun and the Fund has decreased in value beyond the starting Buffer, an investor purchasing shares at that price may not benefit from the Buffer. Similarly, if the Outcome Period has begun and the Fund has increased in value, an investor purchasing shares at that price may not benefit from the Buffer until the Fund’s value has decreased to its value at the commencement of the Outcome Period.
In the event that the SPDR® S&P 500® ETF Trust has gains in excess of the Spread in positive market environments at the end of the Outcome Period, the Fund will participate in those gains without a Cap. Despite the intended Buffer, a shareholder could lose their entire investment. An investment in the Fund is only appropriate for shareholders willing to bear those losses. The Spread and Buffer, and the Fund’s position relative to each, should be considered before investing in the Fund.
The buffer, which the fund seeks to provide, will be reduced and the spread will increase after taking into account the management fees, as shown in the net starting buffer and net starting spread. The spread cost represents the upside performance a shareholder forgoes in return for the downside protection provided by the buffer. Any upside performance as measured at the end of the outcome period will be reduced by the spread cost and management fee. The Fund’s performance will not reflect the entirety of any upside performance of the reference asset.
FLEX Options Risk. The fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The fund bears the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the fund could suffer significant losses.
FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right, but not the obligation, to buy (in the case of a call option), or to sell (in the case of a put option), a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”).
The funds are classified as non-diversified and may invest a relatively high percentage of their assets in a limited number of issuers.
In addition to the risks listed above, the Funds also include buffered loss risk, upside participation risk, correlation risk, spread change risk, investment objective risk, outcome period risk, downside risk, counterparty risk, non-diversification risk, valuation risk, liquidity risk, tax risk, underlying ETF risk, equity securities risk, large-capitalization companies risk, information technology sector risk, market risk, premium/discount risk, management risk, large shareholder risk, active markets risk, operational risk, authorized participant concentration risk, cash transactions risk, trading issues risk, and market maker risk.
Shares of the fund trade on the Exchange at market prices that may be below, at or above the Fund’s NAV. The market prices of the shares generally will fluctuate in accordance with changes in NAV, as well as the relative supply of and demand for shares on the Exchange. Brokerage commission will reduce returns.
Investing involves risk including possible loss of principal. Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 877.429.3837 or review the prospectus. Read the prospectus carefully before investing.
Allianz Investment Management LLC serves as the ETFs’ investment adviser.
Allianz Investment Management LLC (AllianzIM) is a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America.
Distributed by Foreside Fund Services, LLC. Allianz Investment Management LLC and Allianz Life Insurance Company of North America are not affiliated with Foreside Fund Services, LLC.