JULW AllianzIM U.S. Large Cap Buffer20 Jul ETF
What is JULW?
JULW aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.
JULW Factset Analytics Insight
JULW uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each July. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 20% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually and uses listed options exclusively. Prior to October 31, 2022, the fund traded under the ticker, AZBL.
JULW Summary Data
JULW Portfolio Data
JULW Index Data
JULW Portfolio Management
JULW Tax Exposures
JULW Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JULW. JULW is rated a N/A out of 5.
JULW Top 10 Holdings
JULW Performance Statistics
JULW Benchmark Comparison Summary
JULW Benchmark Comparison Market Cap Size