AllianzIM U.S. Large Cap 6 Month Buffer10 May/Nov ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 4 holdings as of Jan 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SIXZ
The Fund pursues a buffered strategy that seeks tomatch the share price returns of the SPDR® S&P 500® ETF Trust (the “Underlying ETF”) (i.e., the marketprice returns of the Underlying ETF), at the end of a specified six-month period, from May 1 to October 31 or November 1 to April 30,as described below (the “Outcome Period”), subject to an upside maximum percentage return (the “Cap”) and downsideprotection with a buffer against the first 10.00% of Underlying ETF losses (the “Buffer”). The Fund’s intended returnmeasured across different market conditions (e.g., rising or declining markets) is referred to as “outcomes” in this prospectus.The Underlying ETF’s share price returns reflect the price at which the Underlying ETF’s shares trade on the secondary market(not the Underlying ETF’s net asset value). Under normal market conditions, the Fund invests atleast 80% of its net assets in instruments with economic characteristics similar to U.S. equity securities. Specifically, the Fund intendsto invest substantially all of its assets in FLexible EXchange Options (“FLEX Options”) that reference the Underlying ETF.FLEX Options are customized equity or index options contracts that trade on an exchange, but provide investors with the ability to customizekey contract termslike exercise prices, styles and expiration dates.The Fund may purchase and sell a combination of call option contracts and put option contracts. A call option contract is an agreementbetween a buyer and seller that gives the purchaser of the call option contract the right, but not the obligation, to buy, and the sellerof the call option contract (or the “writer”) the obligation to sell, a particular asset at a specified future date at anagreed upon price (commonly known as the “strike price”). A put option contract gives the purchaser of the put option contractthe right, but not the obligation, to sell, and the writer of the put option contract the obligation to buy, a particular asset at aspecified future date at the strike price. The Cap is set at or near the close of the marketon the business day prior to the first day of the Outcome Period, based on market conditions. Specifically, the Cap is based on the marketcosts associated with a series of FLEX Options that are purchased and sold in order to seek to obtain the relevant market exposure andto provide downside protection via the Buffer. The market conditions and other factors that influence the Cap can include market volatility,risk free rates, and time to expiration of the FLEX Options. The Cap for the current Outcome Period is 8.04% prior to taking intoaccount any fees or expenses charged to the Fund. When the Fund’s annualized management fee of 0.74% of the Fund’s averagedaily net assets is taken into account, the Cap is reduced to 7.67%. The Buffer is 10.00% prior to taking into account any feesor expenses charged to the Fund. When the Fund’s annualized management fee of 0.74% of the Fund’s average daily net assetsis taken into account, the Buffer is reduced to 9.63%. The Fund’s return will be reduced by the Fund’sunitary management fee and further reduced by brokerage commissions, trading fees, taxes and non-routine or extraordinary expenses notincluded in the Fund’s unitary management fee. For the purpose of this prospectus, “non-routine or extraordinary expenses”are non-recurring expenses that may be incurred by the Fund outside of the ordinary course of its business, including, without limitation,costs incurred in connection with any claim, litigation, arbitration, mediation, government investigation or similar proceedings, indemnificationexpenses and expenses in connection with holding or soliciting proxies for a meeting of Fund shareholders. The returns that the Fundseeks to provide also do not include the costs associated with purchasing Shares of the Fund. The Fund will not receive or benefit fromany dividend payments made by the Underlying ETF. It is expected that the Cap will change from one Outcome Period to the next. Thereis no guarantee, and it is unlikely, that the Cap will remain the same after the end of the Outcome Period. The Cap may increase or decrease,and it may change significantly, depending upon the market conditions at that time. The Fund is classified as “non-diversified”under the Investment Company Act of 1940, as amended (the “1940 Act”), which means it generally may invest a greater proportionof its assets in the securities of one or more issuers and may invest overall in a smaller number of issuers than a diversified fund. The Underlying ETF is an exchange-traded unit investmenttrust that seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of theS&P 500® Index (the “Underlying Index”). The Underlying Index is a large-cap, market-weighted, U.S. equitiesindex. The Underlying ETF seeks to achieve its investment objective by holding a portfolio of the common stocks that are included inthe Underlying Index, with the weight of each stock in the Underlying ETF’s portfolio substantially corresponding to the weightof such stock in the Underlying Index. Although the Underlying ETF seeks to track the performance of the Underlying Index, the UnderlyingETF’s return may not match or achieve a high degree of correlation with the return of the Underlying Index due to fees, expensesand transaction costs incurred by the Underlying ETF, among other factors. In addition, it is possible that the Underlying ETF may notalways fully replicate the Underlying Index, including due to the unavailability of certain Underlying Index securities in the secondarymarket or due to other extraordinary circumstances (e.g., if trading in a security has been halted). As of January 31, 2026, theUnderlying Index was comprised of 503 constituent securities, representing 500 companies, with a market capitalization range ofbetween $5.8 billion and $4.6 trillion, and had significant exposure to the information technology sector. Accordingly,through its investments in FLEX Options that reference the Underlying ETF, the Fund had significant exposure to the information technologysector as of January 31, 2026. The Fund seeks to achieve its objective by buyingand selling call and put FLEX Options that reference the Underlying ETF. Generally, the Fund will enter into the FLEX Options for anOutcome Period on the business day immediately prior to the first day of the Outcome Period, and the FLEX Options of an Outcome Periodwill expire on the last business day of the Outcome Period, at which time the Fund will invest in a new set of FLEX Options for the nextOutcome Period.In general, the Fund seeks to achieve the followingoutcomes for each Outcome Period, although there can be no guarantee these results will be achieved: • If the Underlying ETF’s share price has increased as of the end of the Outcome Period, the combination of FLEX Options held by the Fund is designed to provide positive returns that match the return of the Underlying ETF’s share price, up to the Cap. • If the Underlying ETF’s share price has decreased as of the end of the Outcome Period, the combination of FLEX Options held by the Fund is designed to compensate for the first 10.00% of losses experienced by the Underlying ETF’s share price. • If the Underlying ETF’s share price has decreased by more than 10.00% as of the end of the Outcome Period, the Fund is expected to experience all subsequent losses experienced by the Underlying ETF’s share price beyond 10.00% on a one-to-one basis, meaning that the Fund will decrease 1% for every 1% decrease in the Underlying ETF’s share price (i.e., if the Underlying ETF loses 20%, the Fund is designed to lose 10%). • The outcomes described here are before taking into account Fund fees and expenses, brokerage commissions, trading fees, taxes and non-routine or extraordinary expenses not included in the Fund’s unitary management fee. An investor that purchases Shares after the Outcome Period has begun or sells Shares prior to the end of the Outcome Period may experience results that are very different from the investment objective sought by the Fund for that Outcome Period. The following charts illustrate the hypothetical returnsthat the Fund seeks to provide where a shareholder holds Shares for the entire Outcome Period. The Cap Level illustrated in thesecharts is the Fund’s Cap for the current Outcome Period: 8.04%. The returns shown in the charts are based on hypotheticalperformance of the Underlying ETF’s share price in certain illustrative scenarios and do not take into account payment by the Fundof fees and expenses, brokerage commissions, trading fees, taxes and non-routine or extraordinary expenses not included in the Fund’sunitary management fee. There is no guarantee that the Fund will be successful in providing these investment outcomes for any OutcomePeriod. In the first graph below, the dotted line representsthe Underlying ETF’s share price performance, and the solid line represents the gross returns that the Fund seeks to provide relativeto the Underlying ETF’s share price performance. Despite the intended Buffer, a shareholder whoholds Shares for the entire Outcome Period could lose their entire investment. An investment in the Fund is only appropriate for shareholderswilling to bear the loss of their entire investment. The outcomes may only be achieved if Shares are heldover a complete Outcome Period. An investor that purchases or sells Shares during an Outcome Period may experience results that arevery different from the outcomes sought by the Fund for that Outcome Period. For example, if an investor purchases Shares duringan Outcome Period at a time when the Underlying ETF’s share price has decreased from its price at the beginning of the OutcomePeriod, that investor’s buffer will essentially be decreased by the amount of the decrease in the Underlying ETF’s shareprice. Conversely, if an investor purchases Shares during an Outcome Period at a time when the Underlying ETF’s share price hasincreased from its price at the beginning of the Outcome Period, that investor’s cap will essentially be decreased by the amountof the increase in the Underlying ETF’s share price. The strategy is designed to realize the outcomes only on the final day ofthe Outcome Period. To achieve the target outcomes sought by the Fund for an Outcome Period, an investor must hold Shares for thatentire Outcome Period. This means investors should purchase the Shares immediately prior to the beginning of the Outcome Period andhold the Shares until the end of the Outcome Period to achieve the intended results. Both the Cap and Buffer are fixed at levels calculatedin relation to the Outcome NAV and the Underlying ETF’s share price. The Outcome NAV is the Fund’s net asset value (or “NAV”,which is the per share value of the Fund’s assets) calculated at the close of the market on the business day prior to the firstday of the Outcome Period. An investor purchasing Shares on the secondary market on the first day of the Outcome Period may pay a pricethat is different from the Fund’s Outcome NAV. As a result, the investor may not experience the same investment results as theFund, even if the Fund is successful in achieving the outcomes. Furthermore, an investor cannot expect to purchase Shares precisely atthe beginning of the Outcome Period or precisely at the price of the Outcome NAV, or sell Shares precisely at the end of the OutcomePeriod or precisely at the price of the last calculated NAV of the Outcome Period, and thereby experience precisely the investment returnssought by the Fund for the Outcome Period. Following the current Outcome Period of November 1,2025 to April 30, 2026, each subsequent Outcome Period will be a six-month period from May 1 to October 31 or November1 to April 30. The Fund is designed to seek to achieve the outcomes at the end of each successive six-month Outcome Period. The outcomesthat the Fund achieves over multiple six-month Outcome Periods likely will be different than the outcomes achieved by a comparable fundwith a longeroutcome period, and an investor holding Shares overmultiple six-month Outcome Periods likely will experience different investment results than if the investor held shares in a comparablefund with a longer outcome period. For example, during a single twelve-month period, the outcomes achieved by the Fund over two successivesix-month Outcome Periods likely would be different than the outcomes achieved by a comparable fund over a one-year outcome period. TheFund resets at the beginning of each Outcome Period by investing in a new set of FLEX Options that will provide a new Cap for the newOutcome Period. This means that the Cap is expected to change for each Outcome Period and is determined by market conditions on the businessday immediately prior to the first day of each Outcome Period. The Cap may increase or decrease for each Outcome Period. The Buffer isnot expected to change for each Outcome Period. The Cap and Buffer, and the Fund’s position relative to each, should be consideredbefore investing in the Fund. The Fund will be indefinitely offered with a new Outcome Period tied to the same Underlying ETF beginningafter the end of each Outcome Period; the Fund is not intended to terminate after the current or any subsequent Outcome Period. Approximately one week prior to the end of each OutcomePeriod, the Fund will file a prospectus supplement that discloses the anticipated ranges for the Cap for the next Outcome Period. Followingthe close of business on the last day of the Outcome Period, the Fund will file a prospectus supplement that discloses the Fund’sfinal Cap (both before and after taking into account the Fund’s annualized management fee) for the next Outcome Period. There isno guarantee the final Cap will be within the anticipated range. This information also will be available on the Fund’s website,www.AllianzIMetfs.com/SIXZ. An investor that purchases Shares after the OutcomePeriod has begun or sells Shares prior to the end of the Outcome Period may experience investment returns very different from those soughtby the Fund for that Outcome Period. The Fund’s website, www.AllianzIMetfs.com/SIXZ, provides, on a daily basis, importantFund information, including the Fund’s position relative to the Cap and Buffer, as well as information relating to the potentialreturn scenarios as a result of an investment in the Fund. Before purchasing Shares, an investor should visit the website to review thisinformation and understand the possible outcomes of an investment in Shares on a particular day and held through the end of the OutcomePeriod.
SIXZ News
Data for SIXZ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.