AllianzIM U.S. Large Cap Buffer10 Jan ETF (NYSE : JANT) Stock

The Fund seeks to match, at the end of the current Outcome Period, the returns of the SandP 500 Price Index, up to a specified upside Cap, while providing a Buffer against the first 10% of SandP 500 Price Index losses. The Cap and the Buffer will be reduced after taking into account management fees and other Fund fees and expenses. The current Outcome Period is from January 1, 2021, to December 31, 2021. Under normal market conditions, the Fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Specifically, the Fund intends to invest substantially all of its assets in FLexible EXchangeOptions (FLEX Options) that reference the S&P 500 Price Index. FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates.