AllianzIM U.S. Equity Buffer20 May ETF (MAYW)
MAYW Price Chart
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MAYW ETF Profile
Key details and information about AllianzIM U.S. Equity Buffer20 May ETF (MAYW).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
1 May 2023
Country
US
Description
This exchange-traded fund (ETF) aims to replicate the share price performance of the SPDR S&P 500 ETF Trust, its underlying benchmark, over a designated investment period. It is designed to shield investors from the initial 20% of the underlying ETF's declines, while simultaneously capping potential gains at a predetermined maximum. It's important to note that both this upside limit and the downside protection will be diminished after the fund's management and other operational expenses are accounted for.
MAYW ETF Performance
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