Financial News
AllianzIM’s Suite of ETFs Exceeds $1 Billion in Assets
Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), announced its suite of Buffered ETFs has surpassed $1 billion in total assets under management. It was one of the fastest growing suites of ETFs in the industry in 2022.1
With rising interest ratings and the current geopolitical tensions continuing in 2023, risk mitigation strategies from investors and investment professionals continue to be in high demand, as the majority of investors (83%)* believe the market will remain very volatile this year. To meet this need, AllianzIM is continuing to expand its lineup of Buffered ETFs to provide investors new entry points into the market with downside Buffers against losses. Since debuting in June 2020, AllianzIM has launched 16 Buffered ETFs with six or 12-month outcome periods.
“Reaching $1 billion in assets across our ETF suite reflects the critical role these products play in investors’ portfolios,” said Johan Grahn, Head ETF Market Strategist at AllianzIM. “During these times of market uncertainty, we’ve really seen our products resonate with investment professionals and investors looking to stay invested in the markets while trying to limit their potential losses. We look forward to further expanding our suite of ETFs this year to allow more investors access to these risk mitigation strategies.”
AllianzIM’s ETF lineup seeks to provide a downside Buffer of 10% or 20% against market drops, while allowing investors the opportunity to participate in the upside potential of the S&P 500 up to a stated cap. Analyzing the ETFs’ performance in 2022, the product served as a valuable tool for investors. The S&P 500 Price Return Index ended at -19.44%, whereas the AllianzIM U.S. Large Cap Buffer20 Jan ETF (JANW) closed the year at -0.65% and AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) was down 10.13%.**
The AllianzIM Buffered 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 $17.5 billion (as of 12/31/22), is powered by the same proprietary in-house hedging platform that is used among affiliates to help manage more than $149 billion (as of 12/31/22) 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 ETFs complement Allianz Life’s suite of annuity and life insurance products.
* 2022 Q4 Quarterly Market Perceptions Study, an online survey conducted by Allianz Life in December 2022 with a nationally representative sample of 1,005 Respondents age 18+. Investors refer to respondents with $200,000 or more of investable assets.
**Performance data quoted represents past performance. Past performance is not a guarantee of future results, and current performance may be higher or lower than performance quoted. Investment returns and principal value will fluctuate, and shares when sold or redeemed may be worth more or less than their original cost. You can obtain standardized performance information, which is current through the most recent quarter and month-end, by clicking here for JANW and here for JANT. The S&P 500® Price Index is a broad measure of U.S. large-cap stocks and does not include the reinvestment of dividends. One cannot invest directly in an index.
1 – Source: http://www.mfwire.com/article.asp?storyID=65170&bhcp=1; Data from Morningstar Direct as of Oct. 2022.
For more information on the AllianzIM Buffered ETFs suite, please visit www.allianzIMetfs.com.
Important Risk Information
Investing 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.
The Buffered Outcome ETFs' investment strategies are different from more typical investment products, and the Funds may be unsuitable for some investors. It is important that investors understand the investment strategy before making an investment. For more information regarding whether an investment in the Funds is right for you, please see the prospectus including "Investor Considerations."
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 returns of the SPDR S&P 500 ETF Trust or S&P 500 Price Return Index 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. The Fund may not be suitable for all investors.
”The “S&P 500 Price Return Index” (“Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and Standard & Poor’s Financial Services LLC (“S&P”), and has been licensed for use by Allianz Investment Management LLC (“AllianzIM”). Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of S&P; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by AllianzIM. AllianzIM U.S. Large Cap Buffer10 Apr ETF, AllianzIM U.S. Large Cap Buffer20 Apr ETF, AllianzIM U.S. Large Cap Buffer10 Jul ETF, and AllianzIM U.S. Large Cap Buffer20 Jul ETF are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.
Distributed by Foreside Fund Services, LLC.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230215005596/en/
Contacts
Brett Weinberg
(763) 765-7160
brett.weinberg@allianzlife.com
@AllianzLife
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.