Allianz Investment Management LLC has just announced a new milestone for their Buffered ETF suite for surpassing $1 billion in assets under management. The Buffered ETF suite has seen success amid market volatility with rising interest rates and geopolitical tension growing due to to their risk mitigation strategies. A quote from the Head ETF Market Strategist at AllianzIM states, “Reaching $1 billion in assets across our ETF suites reflects the critical role these products play in investor’s portfolios… During these times of market uncertainty, we’ve really seen our products resonate with investment professionals and investors looking to stay invested in the markets while trying to limit their potential losses.”
ETF Newz Says:
Since launch in 2020, the Buffered ETF suite now totals 16 funds with six or twelve month outcome periods.