AllianzIM Introduces Suite of Buffer Allocation ETFs to Help Simplify a Risk Management Strategy for Investors
Allianz Investment Management (AllianzIM) has launched two new Buffered Allocation ETFs: the AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) and the AllianzIM Buffer20 Allocation ETF (SPBW). These ETFs are designed as single-ticker solutions providing capital appreciation with downside risk mitigation.
The funds invest in a laddered portfolio of AllianzIM Buffer ETFs, with underlying ETFs having either a 12-month outcome period (SPBW) or a 6-month outcome period (SPBX). Each month, one underlying ETF resets to a full 10% or 20% buffer and adjusts the cap based on market volatility. The ETFs are offered at a 79 basis points annual expense ratio, with a reduced management fee of 0.05% through February 28, 2026.
These products leverage AllianzIM's risk management experience and in-house hedging capabilities, utilizing the same platform that manages over $153 billion in hedged assets globally.
Allianz Investment Management (AllianzIM) ha lanciato due nuovi ETF con Allocazione Buffer: l'AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) e l'AllianzIM Buffer20 Allocation ETF (SPBW). Questi ETF sono progettati come soluzioni a ticker unico che offrono apprezzamento del capitale con mitigazione del rischio al ribasso.
I fondi investono in un portafoglio scalare di ETF Buffer di AllianzIM, con ETF sottostanti che hanno un periodo di risultato di 12 mesi (SPBW) o di 6 mesi (SPBX). Ogni mese, un ETF sottostante si resetta a un buffer totale del 10% o 20% e adegua il tetto in base alla volatilità del mercato. Gli ETF sono offerti a un rapporto annuale di spese di 79 punti base, con una commissione di gestione ridotta dello 0,05% fino al 28 febbraio 2026.
Questi prodotti sfruttano l'esperienza nella gestione del rischio di AllianzIM e le capacità di copertura interne, utilizzando la stessa piattaforma che gestisce oltre 153 miliardi di dollari in attività coperte a livello globale.
Allianz Investment Management (AllianzIM) ha lanzado dos nuevos ETF con asignación de buffer: el AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) y el AllianzIM Buffer20 Allocation ETF (SPBW). Estos ETF están diseñados como soluciones de ticker único que ofrecen apreciación del capital con mitigación del riesgo a la baja.
Los fondos invierten en un portafolio escalonado de ETFs Buffer de AllianzIM, con ETFs subyacentes que tienen un período de resultado de 12 meses (SPBW) o un período de resultado de 6 meses (SPBX). Cada mes, un ETF subyacente se reinicia a un buffer total del 10% o 20% y ajusta el límite según la volatilidad del mercado. Los ETF se ofrecen con una relación de gastos anual de 79 puntos base, con una comisión de gestión reducida del 0,05% hasta el 28 de febrero de 2026.
Estos productos aprovechan la experiencia de gestión de riesgos de AllianzIM y las capacidades internas de cobertura, utilizando la misma plataforma que gestiona más de 153 mil millones de dólares en activos protegidos a nivel mundial.
알리안츠 투자 관리 (AllianzIM)가 두 가지 새로운 완충 할당 ETF를 출시했습니다: 알리안츠IM 6개월 완충 10 할당 ETF (SPBX)와 알리안츠IM 완충 20 할당 ETF (SPBW). 이 ETF는 자본 증가와 하락 리스크 완화를 제공하는 단일 티커 솔루션으로 설계되었습니다.
펀드는 알리안츠IM 완충 ETF의 사다리식 포트폴리오에 투자하며, 기초 ETF는 각각 12개월( SPBW ) 또는 6개월( SPBX )의 결과 기간을 가집니다. 매달 하나의 기초 ETF가 전체 10% 또는 20% 완충으로 초기화되고 시장 변동성에 따라 캡을 조정합니다. 이 ETF는 연간 79 베이시스 포인트의 비용 비율로 제공되며, 2026년 2월 28일까지 관리 수수료가 0.05%로 인하됩니다.
이 제품은 알리안츠IM의 리스크 관리 경험과 내부 헤징 능력을 활용하여, 전 세계 1,530억 달러 이상의 헤지 자산을 관리하는 동일한 플랫폼을 이용하고 있습니다.
Allianz Investment Management (AllianzIM) a lancé deux nouveaux ETF d'allocation avec tampon : le AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) et le AllianzIM Buffer20 Allocation ETF (SPBW). Ces ETF sont conçus comme des solutions à un seul code qui offrent une appréciation du capital tout en atténuant les risques à la baisse.
Les fonds investissent dans un portefeuille échelonné d'ETF Buffer d'AllianzIM, les ETF sous-jacents ayant soit une période de résultat de 12 mois (SPBW) soit une période de résultat de 6 mois (SPBX). Chaque mois, un ETF sous-jacent est réinitialisé à un tampon de 10 % ou 20 % et ajuste le plafond en fonction de la volatilité du marché. Les ETF sont proposés avec un ratio de frais annuel de 79 points de base, avec des frais de gestion réduits de 0,05 % jusqu'au 28 février 2026.
Ces produits tirent parti de l'expérience de gestion des risques d'AllianzIM et des capacités de couverture internes, en utilisant la même plateforme qui gère plus de 153 milliards de dollars en actifs couverts dans le monde.
Allianz Investment Management (AllianzIM) hat zwei neue Buffered Allocation ETFs aufgelegt: den AllianzIM 6 Month Buffer10 Allocation ETF (SPBX) und den AllianzIM Buffer20 Allocation ETF (SPBW). Diese ETFs sind als Lösungen mit einem einzelnen Ticker konzipiert, die Kapitalwachstum bei gleichzeitiger Minderung des Abwärtsrisikos bieten.
Die Fonds investieren in ein gestaffeltes Portfolio von AllianzIM Buffer ETFs, wobei die zugrunde liegenden ETFs einen Ergebniszeitraum von 12 Monaten (SPBW) oder 6 Monaten (SPBX) haben. Jeden Monat wird ein zugrunde liegender ETF auf einen vollständigen Buffer von 10% oder 20% zurückgesetzt und die Obergrenze basierend auf der Marktentwicklung angepasst. Die ETFs werden zu einer jährlichen Kostenquote von 79 Basispunkten angeboten, mit einer reduzierten Verwaltungsgebühr von 0,05% bis zum 28. Februar 2026.
Diese Produkte nutzen die Risikomanagementerfahrung von AllianzIM und die internen Hedging-Fähigkeiten und verwenden dieselbe Plattform, die weltweit über 153 Milliarden Dollar in abgesicherten Vermögenswerten verwaltet.
- Single-ticker solution simplifies buffer ETF investment strategy
- Monthly reset feature helps reduce cap timing risk
- Reduced management fee of 0.05% through February 2026
- Backed by established hedging platform managing $153B in assets
- Relatively high expense ratio of 79 basis points annually
Insights
The launch of AllianzIM's Buffer Allocation ETFs represents a strategic innovation in the risk-managed ETF space. These products effectively create a "fund of funds" structure that solves a key pain point for investors - the complexity of managing multiple buffered ETFs with different reset dates. The 79 basis point expense ratio is competitive for this category of sophisticated risk management products.
The laddered portfolio approach is particularly clever - by staggering the reset dates of the underlying buffer ETFs, it creates a smoothing effect that helps reduce the timing risk inherent in single-buffer ETF strategies. For investors seeking downside protection, this means not having to worry about potentially poor entry points into buffer ETFs.
The backing of Allianz SE's
These new ETF products fill an important gap in the market by providing automated buffer management through a single ticker. The Buffer10 (SPBX) and Buffer20 (SPBW) variants offer different levels of downside protection to suit varying risk tolerances, while maintaining potential for upside participation.
The monthly reset feature is a key differentiator - it creates a more dynamic risk management approach compared to traditional buffer ETFs with annual resets. This structure should provide more consistent protection characteristics across market cycles, though investors should note that the caps will vary based on market volatility conditions.
The guaranteed expense ratio of 0.05% through February 2026 shows strong commitment to competitive pricing, though investors should monitor total costs including the expenses of underlying ETFs. The tax efficiency advantage over similar structured products makes these particularly attractive for taxable accounts.
New ETFs offer streamlined, single-ticker solutions for capital appreciation with downside risk mitigation
As funds of funds, the new Buffered Allocation ETFs seek to provide capital appreciation with a level of downside risk mitigation, offering diversified exposure to a full suite of AllianzIM Buffer10 or AllianzIM Buffer20 ETFs. The funds invest in a laddered portfolio of AllianzIM Buffer ETFs, with underlying ETFs having either a 12-month outcome period (SPBW) or a 6-month outcome period (SPBX). Each month, one of the underlying ETFs resets back to a full
“The AllianzIM Buffer Allocation ETFs are designed to help investors stay well-positioned across various market conditions,” said Johan Grahn, Head ETF Market Strategist at AllianzIM. “By laddering buffered ETFs with staggered reset intervals, these funds offer diversified access to different outcome periods, helping to mitigate timing risk over the long term—a valuable solution for those looking for a single-ticker investment allocation in the buffer ETF space.”
Offered at an expense ratio of 79 basis points annually1, the ETFs offer investors a streamlined approach to managing equity exposure with a hedge against market downturns. With these single-ticker solutions, investors can now enjoy a diversified strategy across a portfolio of buffered ETFs, all while benefiting from the tax efficiency, low cost, and liquidity that AllianzIM ETF products are known for.
“Our Buffer Allocation ETFs reflect AllianzIM’s commitment to providing innovative risk management tools that empower investors to navigate unpredictable markets with confidence,” said Chris Chambs, CEO of AllianzIM. “Delivering buffered protection in a single-ticker format marks a significant advancement in our mission to offer adaptive, risk-managed solutions that seek to meet the evolving needs of today’s investors.”
The products utilize 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 (Allianz SE), AllianzIM uses the same proprietary in-house hedging platform that is used among affiliates to help manage more than
For more information on the AllianzIM Buffered Allocation ETFs, visit www.AllianzIMetfs.com.
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The Funds’ gross expense ratio is
0.84% . The net expense ratio reflects a reduction in the fund’s management fee to0.05% through at least February 28, 2026.
About Allianz Investment Management LLC
AllianzIM, a wholly-owned subsidiary of Allianz Life Insurance Company of
About Allianz Life Insurance Company of
Recognized as one of the Ethisphere World’s Most Ethical Companies®, Allianz Life Insurance Company of
Investing involves risk, including possible loss of principal. For more information on investment objectives, risks, charges, and expenses, please visit www.allianzIMetfs.com or call 877.429.3837. Investors should read the prospectus carefully before investing. There is no guarantee the funds will achieve their investment objectives, and investors may lose their entire investment.
The Buffer Allocation 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.
Unlike the Underlying ETFs, the Fund itself does not pursue a buffered strategy nor is it subject to a Cap. The Buffer is only provided by the Underlying ETFs and the Fund itself does not provide any stated Buffer against losses. The laddered approach of the Fund may cause the Fund to not receive the full intended benefit of any individual Underlying ETF’s Buffer. The Fund could have limited upside potential and its return is limited by the Caps of the Underlying ETFs.
Underlying buffers and caps will be reduced after taking into account management fees and other fund fees and expenses.
Shareholders of these funds will experience investment returns that are different than the investment returns sought by the underlying ETFs
The Underlying Funds will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (“OCC”). The Funds bear the risk that the OCC will be unable or unwilling to perform its obligations under the FLEX Options contracts. In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Funds could suffer significant losses.
ETFs are distributed by Foreside Fund Services, LLC. Allianz Investment Management LLC and Allianz Life Insurance Company of
View source version on businesswire.com: https://www.businesswire.com/news/home/20250108087611/en/
For more information:
David Kanihan
david.kanihan@allianzlife.com
(763) 765-7031
@AllianzLife
Source: Allianz Investment Management LLC
FAQ
What are the key features of the new AllianzIM Buffer Allocation ETF (SPBX)?
What is the expense ratio for AllianzIM's new Buffer Allocation ETFs including SPBX?
How does the laddered portfolio approach work in SPBX?
What is the difference between SPBX and SPBW buffer ETFs?
How much in hedged assets does AllianzIM's platform manage?
