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About AIM ETF Products Trust AllianzIM U.S. Large Cap Buffer10 Mar ETF
Home page
Inception date
Feb 28, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Allianz Investment Management LLC
Distributor
Foreside Fund Services LLC
MART uses options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust (ticker: SPY) over a one-year period, starting in March. In exchange for preventing realization of the first 10% of losses, the fund foregoes some upside return as well as the dividend component of SPY, because the options are written on the price (not total) return version of the shares. Should the shares of SPY decline greater than 10%, investors participate in the downside performance on a $1 for $1 basis. The upside cap resets annually based on SPY's closing price on the business day prior to the outcome period begins. Even if shares are held for the entire outcome period, the intended results may differ. The issuer publishes the interim levels for the cap and downside buffer daily on its website. The targeted cap and buffer do not include the fund's expense ratio. The fund is actively managed and uses FLEX options on SPY shares exclusively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants100.03%
Cash−0.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MART assets under management is 27.07 M USD. It's risen 3.32% over the last month.
MART fund flows account for −88.38 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, MART doesn't pay dividends to its holders.
MART shares are issued by Allianz SE under the brand Allianz. The ETF was launched on Feb 28, 2023, and its management style is Active.
MART expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
MART follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MART price has risen by 2.83% over the last month, and its yearly performance shows a 12.19% increase. See more dynamics on MART price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 10.74% increase in three-month performance and has increased by 12.09% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 10.74% increase in three-month performance and has increased by 12.09% in a year.
MART trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.