AllianzIM U.S. Large Cap Buffer20 Oct ETF (NYSE : OCTW ) Stock

The Fund seeks to match, at the end of the current Outcome Period, the returns of the S&P 500 Price Index, up to a specified upside Cap, while providing a Buffer against the first 20% of S&P 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 October 1, 2020, to September 30, 2021. The Fund pursues a buffered outcome strategy that seeks to match the returns of the S&P 500 Price Return Index (S&P 500 Price Index), at the end of a specified one-year period from October 1 to September 30, as described below (the Outcome Period), subject to an upside maximum percentage return (the Cap) and a downside buffer against the first 20% of losses (the Buffer). The Funds intended return measured across different market conditions (e.g., rising or declining markets) is referred to as outcomes in this prospectus.