JANU – AllianzIM U.S. Equity Buffer15 UncJanETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide, at the end of the current outcome period, returns that track the share price returns of the SPDR® S&P 500® ETF Trust. Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. equity securities. Specifically, the Advisor intends to invest substantially all of its assets in FLexible EXchange Options that reference the underlying ETF. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
JANU	AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF	ETF	Open	—	—	Dec 31, 2024	$78.92M	0.740%	—	—	−$5.85M

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