AllianzIM International Equity Buffer15 Uncapped Jan ETF JANI Strategy

The investment seeks to provide, at the end of the current Outcome Period, returns that track the share price returns of the iShares® MSCI EAFE ETF (the “Underlying ETF”) that are in excess of the Spread in positive market environments, while providing downside protection with a Buffer against the first 15% of Underlying ETF losses. Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to equity securities. The fund is non-diversified.