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AllianzIM Announces New Upside Caps for October Series of U.S. Large Cap Buffered Outcome ETFs

AllianzIM Announces New Upside Caps for October Series of U.S. Large Cap Buffered Outcome ETFs

Reset offers new opportunity for investors to gain exposure with a level of risk mitigation and stay invested even during volatile markets

Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), announces new upside Caps for the October series of its U.S. Large Cap Buffered Outcome Exchange Traded Funds (ETFs) suite. The series includes two ETFs with a twelve-month Outcome Period: the AllianzIM U.S. Large Cap Buffer10 Oct ETF (NYSE Arca: AZAO) and the AllianzIM U.S. Large Cap Buffer20 Oct ETF (NYSE Arca: AZBO), as well as the AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF (NYSE Arca: SIXO) with a six-month Outcome Period.

As market conditions remain volatile amid recessionary concerns and tightening monetary policy, investors are seeking potential risk mitigation solutions. AllianzIM’s ETF lineup seeks to match the share price returns of the SPDR S&P 500 ETF Trust up to a stated Cap, while providing downside risk mitigation through a buffer against the first 10% and 20% of SPDR S&P 500 ETF Trust losses.

Ticker

Reference Asset

Buffer1

Cap1

Outcome Period Start Date

Outcome Period End Date

AZAO

AllianzIM U.S. Large Cap Buffer10 Oct ETF

SPDR S&P 500 ETF Trust

10.00% Gross / 9.26% Net

26.72% Gross / 25.98% Net

October 1, 2022

September 30, 2023

AZBO

AllianzIM U.S. Large Cap Buffer20 Oct ETF

SPDR S&P 500 ETF Trust

20.00% Gross / 19.26% Net

17.17% Gross / 16.43% Net

October 1, 2022

September 30, 2023

SIXO

AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF

SPDR S&P 500 ETF Trust

10.00% Gross / 9.63% Net

13.16% Gross / 12.79% Net

October 1, 2022

March 31, 2023

“The volatility in equity markets this year allowed investors to take advantage of tax loss strategies. As we launch into Q4, Our Buffered Outcome ETFs suite provides an opportunity for reinvestment into U.S. equities with a downside buffer,” shares Johan Grahn, Head of ETF Market Strategy at AllianzIM. “Because of the built-in buffer, our ETFs can allow people to stay invested in the market, despite the uncertainty posed by inflationary pressures and the Fed’s interest rate hikes.”

Offered at an expense ratio of 74 basis points, AllianzIM’s growing suite of Buffered Outcome ETFs with six and 12-month Outcome Periods provide the opportunity for investors to invest in ETFs with new Caps and Buffers every month. The 12-month Outcome Period of the October series ETFs will be October 1, 2022 to September 30, 2023. The 6-month Outcome Period will be October 1, 2022 to March 31, 2023. Each Outcome Period reflects a new stated Cap commensurate with prevailing market conditions, allowing investors to remain invested with a level of risk mitigation.

“With so much uncertainty surrounding interest rates, inflation and the macroeconomic environment, investors are cautious about investing in equities,” says Brian Muench, president, AllianzIM. “At AllianzIM, our mission is to arm investors with tools to get the upside potential, while also mitigating against the risks that are driving volatility in the markets.”

The AllianzIM Buffered Outcome ETFs seek to leverage AllianzIM’s core strengths, which include risk management experience and in-house hedging capabilities. As part of one of the largest asset management and diversified insurance companies in the world, AllianzIM, with AUM of $18.8 billion, is powered by the same proprietary in-house hedging platform that is used among affiliates to help manage more than $149 billion in hedged assets for institutional and retail investors around the globe. Offering a new way to help investors seek to mitigate risk and reduce volatility, these Buffered Outcome ETFs complement Allianz Life’s suite of annuity and life insurance products.

For more information on the AllianzIM Buffered Outcome ETFs suite, please visit www.allianzIMetfs.com.

1 Gross reflects the Cap and Buffer prior to taking into account the 0.74% expense ratio of the ETF while Net accounts for the expense ratio, but does not include brokerage commissions, trading fees, taxes and non-routine or extraordinary expenses. The Cap and Buffer experienced by investors may be different than the stated numbers. The funds’ website, at www.allianzIMetfs.com, provides important fund information as well as information relating to the potential outcomes of an investment in the Fund on a daily basis.

Investing involves risk including possible loss of principal. Investment involves risk including possible loss of principal. There is no guarantee the funds will achieve their investment objectives and may not be suitable for all investors.

Investors may lose their entire investment, regardless of when they purchase shares, and even if they hold shares for an entire Outcome Period. Full extent of Caps and Buffers only apply if held for stated Outcome Period and are not guaranteed. The Cap may increase or decrease and may vary significantly.

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 visit www.allianzIMetfs.com or call 877.429.3837. Read the prospectus carefully before investing.

The Funds seek to deliver returns that match, at the end of a specified one-year or six-month period (Outcome Period) the share price returns of the SPDR S&P 500 ETF Trust up to a predetermined Cap, while limiting downside losses by the amount of a specified Buffer, before fees and expenses. 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.

About Allianz Investment Management LLC

AllianzIM, a wholly owned subsidiary of Allianz Life Insurance Company of North America, is a registered investment adviser. AllianzIM provides hedging and other derivatives-based risk management solutions through its proprietary platform.

About Allianz Life Insurance Company of North America

Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® and one of the Ethisphere World’s Most Ethical Companies®, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2021, Allianz Life provided additional value to its policyholders via distributions of more than $10.6 billion. As a leading provider of fixed index annuities, registered index-linked annuities and fixed index universal life insurance, Allianz Life is part of Allianz SE, a global leader in the financial services industry with approximately 150,000 employees in more than 70 countries. Allianz Life is a proud sponsor of Allianz Field® in St. Paul, Minnesota, home of Major League Soccer’s Minnesota United.

Caitlyn Foster
Gregory FCA for AllianzIM
610-228-2056
allianz@gregoryfca.com

Jeff Faust
Allianz Life
612-670-8971
jeff.faust@allianzlife.com

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