QBSV – AllianzIM U.S. Equity Buffer5 ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to match, at the end of the current Outcome Period, the share price returns of the SPDR® S&P 500® ETF Trust (the “Underlying ETF”), up to a specified upside Cap, while providing a Buffer against the first 5% 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 U.S. equity securities. 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
QBSV	AllianzIM U.S. Equity Buffer5 ETF	ETF	Open	—	—	Mar 31, 2026	$28.06M	0.640%	—	—	—

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