Erik T. Nelson, Chief Legal Officer 5701 Golden Hills Drive Minneapolis, MN 55416-1297 |
(Name and address of agent for service) |
Erik T. Nelson, Chief Legal Officer 5701 Golden Hills Drive Minneapolis, MN 55416-1297 |
(Name and address of agent for service) |
| ALLIANZ INVESTMENT MANAGEMENT LLC | ||||||
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| AIM ETF Products Trust | ||||||
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| ANNUAL REPORT | ||||||
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| September 30, 2021 | ||||||
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| Buffered Outcome Exchange-Traded Funds | | | ||||
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| BUFFER10 SERIES: 10% Buffer on the S&P 500® Price Index with a one year Outcome Period | | | ||||
| AllianzIM U.S. Large Cap Buffer10 Jan ETF | AZAJ | NYSE Arca AllianzIM U.S. Large Cap Buffer10 Apr ETF | AZAA | NYSE Arca AllianzIM U.S. Large Cap Buffer10 Jul ETF | AZAL | NYSE Arca AllianzIM U.S. Large Cap Buffer10 Oct ETF | AZAO | NYSE Arca | | | ||||
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| BUFFER20 SERIES: 20% Buffer on the S&P 500® Price Index with a one year Outcome Period | | | ||||
| AllianzIM U.S. Large Cap Buffer20 Jan ETF | AZBJ | NYSE Arca AllianzIM U.S. Large Cap Buffer20 Apr ETF | AZBA | NYSE Arca AllianzIM U.S. Large Cap Buffer20 Jul ETF | AZBL | NYSE Arca AllianzIM U.S. Large Cap Buffer20 Oct ETF | AZBO | NYSE Arca | | | ||||
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| 6 MONTH BUFFER10 SERIES: 10% Buffer on the S&P 500® Price Index with a six month Outcome Period | | | ||||
| AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | SIXO | NYSE Arca | | | ||||
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| Want to know more? AllianzIM.com | 1-877-429-3837 | | | | | ||
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AllianzIM U.S. Large Cap Buffer10 Jan ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer10 Jan ETF (NAV) ($10,948) Allianz U.S. Large Cap Buffer10 Jan ETF (Market) ($10,956) S&P 500 Price Return IndexSM ($11,468) |
| | Since Inception (December 31, 2020)* | |
Allianz U.S. Large Cap Buffer10 Jan ETF (NAV) | | | 9.48% |
Allianz U.S. Large Cap Buffer10 Jan ETF (Market Price) | | | 9.56% |
S&P 500 Price Return IndexSM | | | 14.68% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, December 31, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZAJ were listed on the NYSE Arca, Inc. on January 4, 2021. |
AllianzIM U.S. Large Cap Buffer20 Jan ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer20 Jan ETF (NAV) ($10,490) Allianz U.S. Large Cap Buffer20 Jan ETF (Market) ($10,506) S&P 500 Price Return IndexSM ($11,468) |
| | Since Inception (December 31, 2020)* | |
Allianz U.S. Large Cap Buffer20 Jan ETF (NAV) | | | 4.90% |
Allianz U.S. Large Cap Buffer20 Jan ETF (Market Price) | | | 5.06% |
S&P 500 Price Return IndexSM | | | 14.68% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, December 31, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZBJ were listed on the NYSE Arca, Inc. on January 4, 2021. |
AllianzIM U.S. Large Cap Buffer10 Apr ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer10 Apr ETF (NAV) ($11,749) Allianz U.S. Large Cap Buffer10 Apr ETF (Market) ($11,744) S&P 500 Price Return IndexSM ($14,218) |
| | One Year | | | Since Inception (May 28, 2020)* | |
Allianz U.S. Large Cap Buffer10 Apr ETF (NAV) | | | 12.13% | | | 12.76% |
Allianz U.S. Large Cap Buffer10 Apr ETF (Market Price) | | | 11.77% | | | 12.80% |
S&P 500 Price Return IndexSM | | | 28.09% | | | 29.97% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, May 28, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZAA were listed on the NYSE Arca, Inc. on June 1, 2020. |
AllianzIM U.S. Large Cap Buffer20 Apr ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer20 Apr ETF (NAV) ($10,885) Allianz U.S. Large Cap Buffer20 Apr ETF (Market) ($10,901) S&P 500 Price Return IndexSM ($14,218) |
| | One Year | | | Since Inception (May 28, 2020)* | |
Allianz U.S. Large Cap Buffer20 Apr ETF (NAV) | | | 5.90% | | | 6.52% |
Allianz U.S. Large Cap Buffer20 Apr ETF (Market Price) | | | 5.81% | | | 6.68% |
S&P 500 Price Return IndexSM | | | 28.09% | | | 29.97% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, May 28, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZBA were listed on the NYSE Arca, Inc. on June 1, 2020. |
AllianzIM U.S. Large Cap Buffer10 Jul ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer10 Jul ETF (NAV) ($11,581) Allianz U.S. Large Cap Buffer10 Jul ETF (Market) ($11,574) S&P 500 Price Return IndexSM ($13,894) |
| | One Year | | | Since Inception (June 30, 2020)* | |
Allianz U.S. Large Cap Buffer10 Jul ETF (NAV) | | | 10.64% | | | 12.44% |
Allianz U.S. Large Cap Buffer10 Jul ETF (Market Price) | | | 10.14% | | | 12.38% |
S&P 500 Price Return IndexSM | | | 28.09% | | | 30.04% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, June 30, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZAL were listed on the NYSE Arca, Inc. on July 1, 2020. |
AllianzIM U.S. Large Cap Buffer20 Jul ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer20 Jul ETF (NAV) ($10,829) Allianz U.S. Large Cap Buffer20 Jul ETF (Market) ($10,845) S&P 500 Price Return IndexSM ($13,894) |
| | One Year | | | Since Inception (June 30, 2020)* | |
Allianz U.S. Large Cap Buffer20 Jul ETF (NAV) | | | 5.43% | | | 6.57% |
Allianz U.S. Large Cap Buffer20 Jul ETF (Market Price) | | | 5.23% | | | 6.69% |
S&P 500 Price Return IndexSM | | | 28.09% | | | 30.04% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, June 30, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZBL were listed on the NYSE Arca, Inc. on July 1, 2020. |
AllianzIM U.S. Large Cap Buffer10 Oct ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer10 Oct ETF (NAV) ($11,522) Allianz U.S. Large Cap Buffer10 Oct ETF (Market) ($11,535) S&P 500 Price Return IndexSM ($12,809) |
| | One Year | | | Since Inception (September 30, 2020)* | |
Allianz U.S. Large Cap Buffer10 Oct ETF (NAV) | | | 15.23% | | | 15.23% |
Allianz U.S. Large Cap Buffer10 Oct ETF (Market Price) | | | 15.35% | | | 15.35% |
S&P 500 Price Return IndexSM | | | 28.09% | | | 28.09% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, September 30, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZAO were listed on the NYSE Arca, Inc. on October 1, 2020. |
AllianzIM U.S. Large Cap Buffer20 Oct ETF Growth of a Hypothetical $10,000 Investment |
Allianz U.S. Large Cap Buffer20 Oct ETF (NAV) ($10,755) Allianz U.S. Large Cap Buffer20 Oct ETF (Market) ($10,768) S&P 500 Price Return IndexSM ($12,809) |
| | One Year | | | Since Inception (September 30, 2020)* | |
Allianz U.S. Large Cap Buffer20 Oct ETF (NAV) | | | 7.57% | | | 7.57% |
Allianz U.S. Large Cap Buffer20 Oct ETF (Market Price) | | | 7.68% | | | 7.68% |
S&P 500 Price Return IndexSM | | | 28.09% | | | 28.09% |
(1) | The S&P 500 Price Return IndexSM is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. As of September 30, 2021, the S&P 500 Price IndexSM was comprised of 505 constituent securities, representing 500 companies, with a market capitalization range of between $3.8 billion and $2.3 trillion. |
* | The inception date, September 30, 2020, is the date the Fund started accruing expenses and commenced operations. Shares of AZBO were listed on the NYSE Arca, Inc. on October 1, 2020. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 90.5% | |||||||||||||||
Options on Equity Indices - 90.5% | |||||||||||||||
S&P 500 Index | | | December 2021 | | | $2,441.48 | | | 202 | | | $49,317,896 | | | $37,626,313 |
S&P 500 Mini Index | | | December 2021 | | | 244.18 | | | 76 | | | 1,855,768 | | | 1,415,403 |
Total Options Purchased - Calls | | | | | | | | | 51,173,664 | | | 39,041,716 | |||
(Cost $41,953,078) | | ||||||||||||||
OPTION PURCHASED - PUTS(b) - 15.4% | |||||||||||||||
Options on Equity Indices - 15.4% | |||||||||||||||
S&P 500 Index | | | December 2021 | | | 3,756.11 | | | 101 | | | 37,936,711 | | | 513,281 |
S&P 500 Index | | | December 2021 | | | 4,882.97 | | | 101 | | | 49,317,997 | | | 5,865,661 |
S&P 500 Mini Index | | | December 2021 | | | 375.64 | | | 38 | | | 1,427,432 | | | 19,323 |
S&P 500 Mini Index | | | December 2021 | | | 488.36 | | | 38 | | | 1,855,768 | | | 220,923 |
Total Options Purchased - Puts | | | | | | | | | 90,537,908 | | | 6,619,188 | |||
(Cost $14,493,292) | | | | | | | | | | | |||||
Total Investments – 105.9% | | | | | | | | | 141,711,572 | | | 45,660,904 | |||
(Cost $56,446,370) | | | | | | | | | | | |||||
Other assets less liabilities – (5.9)% | | | | | | | | | | | (2,551,825) | ||||
Net Assets – 100.0% | | | | | | | | | | | $43,109,079 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 101 | | | $4,261.26 | | | December 2021 | | | $849,198 | | | $43,038,726 | | | $(1,926,229) |
S&P 500 Index | | | 101 | | | 4,882.97 | | | December 2021 | | | 86,968 | | | 49,317,997 | | | (22,590) |
S&P 500 Mini Index | | | 38 | | | 426.13 | | | December 2021 | | | 58,715 | | | 1,619,294 | | | (72,462) |
S&P 500 Mini Index | | | 38 | | | 488.36 | | | December 2021 | | | 2,771 | | | 1,855,768 | | | (846) |
| | | | | | | | $997,652 | | | $95,831,785 | | | $(2,022,127) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 202 | | | $2,441.48 | | | December 2021 | | | $97,336 | | | $49,317,896 | | | $(88,564) |
S&P 500 Index | | | 101 | | | 3,380.50 | | | December 2021 | | | 249,097 | | | 34,143,050 | | | (235,839) |
S&P 500 Mini Index | | | 76 | | | 244.18 | | | December 2021 | | | 3,325 | | | 1,855,768 | | | (3,334) |
S&P 500 Mini Index | | | 38 | | | 338.08 | | | December 2021 | | | 9,106 | | | 1,284,704 | | | (8,878) |
| | | | | | | | $358,864 | | | $86,601,418 | | | $(336,615) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $1,356,516 | | | $182,433,203 | | | $(2,358,742) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 94.5% | |||||||||||||||
Options on Equity Indices - 94.5% | |||||||||||||||
S&P 500 Index | | | December 2021 | | | $2,441.45 | | | 274 | | | $66,895,730 | | | $51,038,486 |
S&P 500 Mini Index | | | December 2021 | | | 244.14 | | | 220 | | | 5,371,080 | | | 4,098,090 |
Total Options Purchased - Calls | | | | | | | | | 72,266,810 | | | 55,136,576 | |||
(Cost $59,234,945) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 16.0% | |||||||||||||||
Options on Equity Indices - 16.0% | |||||||||||||||
S&P 500 Index | | | December 2021 | | | 3,756.03 | | | 137 | | | 51,457,611 | | | 696,114 |
S&P 500 Index | | | December 2021 | | | 4,882.89 | | | 137 | | | 66,895,593 | | | 7,955,319 |
S&P 500 Mini Index | | | December 2021 | | | 375.57 | | | 110 | | | 4,131,270 | | | 55,853 |
S&P 500 Mini Index | | | December 2021 | | | 488.29 | | | 110 | | | 5,371,190 | | | 638,759 |
Total Options Purchased - Puts | | | | | | | | | 127,855,664 | | | 9,346,045 | |||
(Cost $18,947,703) | | | | | | | | | | | |||||
Total Investments – 110.5% | | | | | | | | | 200,122,474 | | | 64,482,621 | |||
(Cost $78,182,648) | | | | | | | | | | | |||||
Other assets less liabilities – (10.5)% | | | | | | | | | | | (6,132,566) | ||||
Net Assets – 100.0% | | | | | | | | | | | $58,350,055 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 137 | | | $4,015.61 | | | December 2021 | | | $2,856,454 | | | $55,013,857 | | | $(5,144,568) |
S&P 500 Index | | | 137 | | | 4,882.89 | | | December 2021 | | | 118,029 | | | 66,895,593 | | | (30,662) |
S&P 500 Mini Index | | | 110 | | | 401.56 | | | December 2021 | | | 357,293 | | | 4,417,160 | | | (413,076) |
S&P 500 Mini Index | | | 110 | | | 488.29 | | | December 2021 | | | 8,656 | | | 5,371,190 | | | (2,462) |
| | | | | | | | $3,340,432 | | | $131,697,800 | | | $(5,590,768) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 274 | | | $2,441.45 | | | December 2021 | | | $132,471 | | | $66,895,730 | | | $(120,125) |
S&P 500 Index | | | 137 | | | 3,004.86 | | | December 2021 | | | 179,611 | | | 41,166,582 | | | (154,556) |
S&P 500 Mini Index | | | 220 | | | 244.14 | | | December 2021 | | | 10,187 | | | 5,371,080 | | | (9,644) |
S&P 500 Mini Index | | | 110 | | | 300.49 | | | December 2021 | | | 14,248 | | | 3,305,390 | | | (12,411) |
| | | | | | | | $336,517 | | | $116,738,782 | | | $(296,736) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $3,676,949 | | | $248,436,582 | | | $(5,887,504) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED – CALLS(b) - 82.0% | |||||||||||||||
Options on Equity Indices - 82.0% | |||||||||||||||
S&P 500 Index | | | March 2022 | | | $2,582.66 | | | 72 | | | $18,595,152 | | | $12,413,947 |
S&P 500 Mini Index | | | March 2022 | | | 258.27 | | | 14 | | | 361,578 | | | 241,377 |
Total Options Purchased - Calls | | | | | | | | | 18,956,730 | | | 12,655,324 | |||
(Cost $13,681,559) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 24.4% | | | | | | | | | | | |||||
Options on Equity Indices - 24.4% | | | | | | | | | | | |||||
S&P 500 Index | | | March 2022 | | | 3,973.33 | | | 36 | | | 14,303,988 | | | 545,143 |
S&P 500 Index | | | March 2022 | | | 5,165.33 | | | 36 | | | 18,595,188 | | | 3,141,768 |
S&P 500 Mini Index | | | March 2022 | | | 397.33 | | | 7 | | | 278,131 | | | 10,600 |
S&P 500 Mini Index | | | March 2022 | | | 516.53 | | | 7 | | | 361,571 | | | 61,088 |
Total Options Purchased - Puts | | | | | | | | | 33,538,878 | | | 3,758,599 | |||
(Cost $5,632,605) | | | | | | | | | | | |||||
Total Investments – 106.4% | | | | | | | | | 52,495,608 | | | 16,413,923 | |||
(Cost $19,314,164) | | | | | | | | | | | |||||
Other assets less liabilities – (6.4)% | | | | | | | | | | | (983,201) | ||||
Net Assets – 100.0% | | | | | | | | | | | $15,430,722 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 36 | | | $4,489.86 | | | March 2022 | | | $224,843 | | | $16,163,496 | | | $(464,557) |
S&P 500 Index | | | 36 | | | 5,165.33 | | | March 2022 | | | 29,615 | | | 18,595,188 | | | (15,119) |
S&P 500 Mini Index | | | 7 | | | 448.99 | | | March 2022 | | | 11,077 | | | 314,293 | | | (9,032) |
S&P 500 Mini Index | | | 7 | | | 516.53 | | | March 2022 | | | 669 | | | 361,571 | | | (294) |
| | | | | | | | $266,204 | | | $35,434,548 | | | $(489,002) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 72 | | | $2,582.66 | | | March 2022 | | | $129,755 | | | $18,595,152 | | | $(122,963) |
S&P 500 Index | | | 36 | | | 3,576.00 | | | March 2022 | | | 273,065 | | | 12,873,600 | | | (298,726) |
S&P 500 Mini Index | | | 14 | | | 258.27 | | | March 2022 | | | 2,494 | | | 361,578 | | | (2,391) |
S&P 500 Mini Index | | | 7 | | | 357.60 | | | March 2022 | | | 5,293 | | | 250,320 | | | (5,809) |
| | | | | | | | $410,607 | | | $32,080,650 | | | $(429,889) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $676,811 | | | $67,515,198 | | | $(918,891) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 84.3% | |||||||||||||||
Options on Equity Indices - 84.3% | |||||||||||||||
S&P 500 Index | | | March 2022 | | | $2,582.70 | | | 108 | | | $27,893,160 | | | $18,620,502 |
S&P 500 Mini Index | | | March 2022 | | | 258.31 | | | 58 | | | 1,498,198 | | | 999,765 |
Total Options Purchased - Calls | | | | | | | | | 29,391,358 | | | 19,620,267 | |||
(Cost $21,195,755) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 25.0% | |||||||||||||||
Options on Equity Indices - 25.0% | |||||||||||||||
S&P 500 Index | | | March 2022 | | | 3,973.37 | | | 54 | | | 21,456,198 | | | 817,762 |
S&P 500 Index | | | March 2022 | | | 5,165.41 | | | 54 | | | 27,893,214 | | | 4,713,075 |
S&P 500 Mini Index | | | March 2022 | | | 397.37 | | | 29 | | | 1,152,373 | | | 43,938 |
S&P 500 Mini Index | | | March 2022 | | | 516.61 | | | 29 | | | 1,498,169 | | | 253,305 |
Total Options Purchased - Puts | | | | | | | | | 51,999,954 | | | 5,828,080 | |||
(Cost $8,236,865) | | | | | | | | | | | |||||
Total Investments – 109.3% | | | | | | | | | 81,391,312 | | | 25,448,347 | |||
(Cost $29,432,620) | | | | | | | | | | | |||||
Other assets less liabilities – (9.3)% | | | | | | | | | | | (2,167,288) | ||||
Net Assets – 100.0% | | | | | | | | | | | $23,281,059 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 54 | | | $4,229.61 | | | March 2022 | | | $934,700 | | | $22,839,894 | | | $(1,536,693) |
S&P 500 Index | | | 54 | | | 5,165.41 | | | March 2022 | | | 46,696 | | | 27,893,214 | | | (22,671) |
S&P 500 Mini Index | | | 29 | | | 422.96 | | | March 2022 | | | 63,955 | | | 1,226,584 | | | (82,528) |
S&P 500 Mini Index | | | 29 | | | 516.61 | | | March 2022 | | | 2,526 | | | 1,498,169 | | | (1,214) |
| | | | | | | | $1,047,877 | | | $53,457,861 | | | $(1,643,106) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 108 | | | $2,582.70 | | | March 2022 | | | $194,632 | | | $27,893,160 | | | $(184,457) |
S&P 500 Index | | | 54 | | | 3,178.66 | | | March 2022 | | | 235,340 | | | 17,164,764 | | | (241,160) |
S&P 500 Mini Index | | | 58 | | | 258.31 | | | March 2022 | | | 10,593 | | | 1,498,198 | | | (9,912) |
S&P 500 Mini Index | | | 29 | | | 317.87 | | | March 2022 | | | 13,023 | | | 921,823 | | | (12,952) |
| | | | | | | | $453,588 | | | $47,477,945 | | | $(448,481) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $1,501,465 | | | $100,935,806 | | | $(2,091,587) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 70.9% | |||||||||||||||
Options on Equity Indices - 70.9% | |||||||||||||||
S&P 500 Index | | | June 2022 | | | $2,793.34 | | | 148 | | | $41,341,432 | | | $22,619,147 |
S&P 500 Mini Index | | | June 2022 | | | 279.33 | | | 38 | | | 1,061,454 | | | 580,776 |
Total Options Purchased - Calls | | | | | | | | | 42,402,886 | | | 23,199,923 | |||
(Cost $25,295,112) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 37.4% | |||||||||||||||
Options on Equity Indices - 37.4% | |||||||||||||||
S&P 500 Index | | | June 2022 | | | 4,297.45 | | | 74 | | | 31,801,130 | | | 2,308,828 |
S&P 500 Index | | | June 2022 | | | 5,586.69 | | | 74 | | | 41,341,506 | | | 9,631,655 |
S&P 500 Mini Index | | | June 2022 | | | 429.75 | | | 19 | | | 816,525 | | | 59,284 |
S&P 500 Mini Index | | | June 2022 | | | 558.67 | | | 19 | | | 1,061,473 | | | 247,301 |
Total Options Purchased - Puts | | | | | | | | | 75,020,634 | | | 12,247,068 | |||
(Cost $12,432,136) | | | | | | | | | | | |||||
Total Investments – 108.3% | | | | | | | | | 117,423,520 | | | 35,446,991 | |||
(Cost $37,727,248) | | | | | | | | | | | |||||
Other assets less liabilities – (8.3)% | | | | | | | | | | | (2,702,281) | ||||
Net Assets – 100.0% | | | | | | | | | | | $32,744,710 | ||||
| | | | | | | | | |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 74 | | | $4,757.28 | | | June 2022 | | | $519,751 | | | $35,203,872 | | | $(547,023) |
S&P 500 Index | | | 74 | | | 5,586.69 | | | June 2022 | | | 37,122 | | | 41,341,506 | | | (21,216) |
S&P 500 Mini Index | | | 19 | | | 475.73 | | | June 2022 | | | 16,743 | | | 903,887 | | | (14,044) |
S&P 500 Mini Index | | | 19 | | | 558.67 | | | June 2022 | | | 939 | | | 1,061,473 | | | (545) |
| | | | | | | | $574,555 | | | $78,510,738 | | | $(582,828) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 148 | | | $2,793.34 | | | June 2022 | | | $622,811 | | | $41,341,432 | | | $(641,754) |
S&P 500 Index | | | 74 | | | 3,867.71 | | | June 2022 | | | 1,204,534 | | | 28,621,054 | | | (1,369,303) |
S&P 500 Mini Index | | | 38 | | | 279.33 | | | June 2022 | | | 15,574 | | | 1,061,454 | | | (16,476) |
S&P 500 Mini Index | | | 19 | | | 386.77 | | | June 2022 | | | 30,648 | | | 734,863 | | | (35,157) |
| | | | | | | | $1,873,567 | | | $71,758,803 | | | $(2,062,690) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $2,448,122 | | | $150,269,541 | | | $(2,645,518) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 70.9% | |||||||||||||||
Options on Equity Indices - 70.9% | |||||||||||||||
S&P 500 Index | | | June 2022 | | | $2,793.39 | | | 194 | | | $54,191,766 | | | $29,648,534 |
S&P 500 Mini Index | | | June 2022 | | | 279.38 | | | 58 | | | 1,620,404 | | | 886,182 |
Total Options Purchased - Calls | | | | | | | | | 55,812,170 | | | 30,534,716 | |||
(Cost $33,292,578) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 37.5% | |||||||||||||||
Options on Equity Indices - 37.5% | |||||||||||||||
S&P 500 Index | | | June 2022 | | | 4,297.49 | | | 97 | | | 41,685,653 | | | 3,026,568 |
S&P 500 Index | | | June 2022 | | | 5,586.77 | | | 97 | | | 54,191,669 | | | 12,626,040 |
S&P 500 Mini Index | | | June 2022 | | | 429.79 | | | 29 | | | 1,246,391 | | | 90,526 |
S&P 500 Mini Index | | | June 2022 | | | 558.75 | | | 29 | | | 1,620,375 | | | 377,688 |
Total Options Purchased - Puts | | | | | | | | | 98,744,088 | | | 16,120,822 | |||
(Cost $16,201,052) | | | | | | | | | | | |||||
Total Investments – 108.4% | | | | | | | | | 154,556,258 | | | 46,655,538 | |||
(Cost $49,493,630) | | | | | | | | | | | |||||
Other assets less liabilities – (8.4)% | | | | | | | | | | | (3,634,962) | ||||
Net Assets – 100.0% | | | | | | | | | | | $43,020,576 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 97 | | | $4,532.09 | | | June 2022 | | | $1,514,708 | | | $43,961,273 | | | $(1,581,797) |
S&P 500 Index | | | 97 | | | 5,586.77 | | | June 2022 | | | 49,230 | | | 54,191,669 | | | (27,803) |
S&P 500 Mini Index | | | 29 | | | 453.21 | | | June 2022 | | | 51,655 | | | 1,314,309 | | | (47,289) |
S&P 500 Mini Index | | | 29 | | | 558.75 | | | June 2022 | | | 1,420 | | | 1,620,375 | | | (829) |
| | | | | | | | $1,617,013 | | | $101,087,626 | | | $(1,657,718) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 194 | | | $2,793.39 | | | June 2022 | | | $817,157 | | | $54,191,766 | | | $(841,283) |
S&P 500 Index | | | 97 | | | 3,437.96 | | | June 2022 | | | 940,915 | | | 33,348,212 | | | (1,034,648) |
S&P 500 Mini Index | | | 58 | | | 279.38 | | | June 2022 | | | 23,926 | | | 1,620,404 | | | (25,168) |
S&P 500 Mini Index | | | 29 | | | 343.80 | | | June 2022 | | | 28,076 | | | 997,020 | | | (30,935) |
| | | | | | | | $1,810,074 | | | $90,157,402 | | | $(1,932,034) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $3,427,087 | | | $191,245,028 | | | $(3,589,752) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 70.4% | |||||||||||||||
Options on Equity Indices - 70.4% | |||||||||||||||
S&P 500 Index | | | September 2022 | | | $2,799.90 | | | 182 | | | $50,958,180 | | | $27,735,890 |
S&P 500 Mini Index | | | September 2022 | | | 279.99 | | | 10 | | | 279,990 | | | 152,390 |
Total Options Purchased - Calls | | | | | | | | | 51,238,170 | | | 27,888,280 | |||
(Cost $27,889,373) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 39.3% | |||||||||||||||
Options on Equity Indices - 39.3% | |||||||||||||||
S&P 500 Index | | | September 2022 | | | 4,307.54 | | | 91 | | | 39,198,614 | | | 3,358,173 |
S&P 500 Index | | | September 2022 | | | 5,599.80 | | | 91 | | | 50,958,180 | | | 12,115,467 |
S&P 500 Mini Index | | | September 2022 | | | 430.75 | | | 5 | | | 215,375 | | | 18,450 |
S&P 500 Mini Index | | | September 2022 | | | 559.98 | | | 5 | | | 279,990 | | | 66,570 |
Total Options Purchased - Puts | | | | | | | | | 90,652,159 | | | 15,558,660 | |||
(Cost $15,559,753) | | | | | | | | | | | |||||
Total Investments – 109.7% | | | | | | | | | 141,890,329 | | | 43,446,940 | |||
(Cost $43,449,126) | | | | | | | | | | | |||||
Other assets less liabilities – (9.7)% | | | | | | | | | | | (3,841,257) | ||||
Net Assets – 100.0% | | | | | | | | | | | $39,605,683 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 91 | | | $4,856.75 | | | September 2022 | | | $700,713 | | | $44,196,425 | | | $(701,246) |
S&P 500 Index | | | 91 | | | 5,599.80 | | | September 2022 | | | 63,714 | | | 50,958,180 | | | (64,246) |
S&P 500 Mini Index | | | 5 | | | 485.68 | | | September 2022 | | | 3,846 | | | 242,840 | | | (3,860) |
S&P 500 Mini Index | | | 5 | | | 559.98 | | | September 2022 | | | 336 | | | 279,990 | | | (350) |
| | | | | | | | $768,609 | | | $95,677,435 | | | $(769,702) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 182 | | | $2,799.90 | | | September 2022 | | | $1,119,873 | | | $50,958,180 | | | $(1,120,938) |
S&P 500 Index | | | 91 | | | 3,876.79 | | | September 2022 | | | 2,124,044 | | | 35,278,789 | | | (2,124,577) |
S&P 500 Mini Index | | | 10 | | | 279.99 | | | September 2022 | | | 6,122 | | | 279,990 | | | (6,150) |
S&P 500 Mini Index | | | 5 | | | 387.68 | | | September 2022 | | | 11,661 | | | 193,840 | | | (11,675) |
| | | | | | | | $3,261,700 | | | $86,710,799 | | | $(3,263,340) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $4,030,309 | | | $182,388,234 | | | $(4,033,042) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 70.3% | |||||||||||||||
Options on Equity Indices - 70.3% | |||||||||||||||
S&P 500 Index | | | September 2022 | | | $2,799.94 | | | 142 | | | $39,759,148 | | | $21,639,522 |
S&P 500 Mini Index | | | September 2022 | | | 280.03 | | | 8 | | | 224,024 | | | 121,880 |
Total Options Purchased - Calls | | | | | | | | | 39,983,172 | | | 21,761,402 | |||
(Cost $21,762,255) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 39.3% | |||||||||||||||
Options on Equity Indices - 39.3% | |||||||||||||||
S&P 500 Index | | | September 2022 | | | 4,307.58 | | | 71 | | | 30,583,818 | | | 2,620,184 |
S&P 500 Index | | | September 2022 | | | 5,599.89 | | | 71 | | | 39,759,219 | | | 9,453,295 |
S&P 500 Mini Index | | | September 2022 | | | 430.80 | | | 4 | | | 172,320 | | | 14,768 |
S&P 500 Mini Index | | | September 2022 | | | 560.07 | | | 4 | | | 224,028 | | | 53,288 |
Total Options Purchased - Puts | | | | | | | | | 70,739,385 | | | 12,141,535 | |||
(Cost $12,142,389) | | | | | | | | | | | |||||
Total Investments – 109.6% | | | | | | | | | 110,722,557 | | | 33,902,937 | |||
(Cost $33,904,644) | | | | | | | | | | | |||||
Other assets less liabilities – (9.6)% | | | | | | | | | | | (2,981,140) | ||||
Net Assets – 100.0% | | | | | | | | | | | $30,921,797 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 71 | | | $4,600.45 | | | September 2022 | | | $1,196,502 | | | $32,663,195 | | | $(1,196,918) |
S&P 500 Index | | | 71 | | | 5,599.89 | | | September 2022 | | | 49,711 | | | 39,759,219 | | | (50,126) |
S&P 500 Mini Index | | | 4 | | | 460.05 | | | September 2022 | | | 6,737 | | | 184,020 | | | (6,748) |
S&P 500 Mini Index | | | 4 | | | 560.07 | | | September 2022 | | | 269 | | | 224,028 | | | (280) |
| | | | | | | | $1,253,219 | | | $72,830,462 | | | $(1,254,072) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 142 | | | $2,799.94 | | | September 2022 | | | $873,747 | | | $39,759,148 | | | $(874,578) |
S&P 500 Index | | | 71 | | | 3,446.03 | | | September 2022 | | | 1,007,571 | | | 24,466,813 | | | (1,007,987) |
S&P 500 Mini Index | | | 8 | | | 280.03 | | | September 2022 | | | 4,905 | | | 224,024 | | | (4,928) |
S&P 500 Mini Index | | | 4 | | | 344.60 | | | September 2022 | | | 5,669 | | | 137,840 | | | (5,680) |
| | | | | | | | $1,891,892 | | | $64,587,825 | | | $(1,893,173) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $3,145,111 | | | $137,418,287 | | | $(3,147,245) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | Expiration Date | | | Exercise Price | | | Contracts(a) | | | Notional Amount | | | U.S. $ Value | |
OPTION PURCHASED - CALLS(b) - 69.7% | |||||||||||||||
Options on Equity Indices - 69.7% | |||||||||||||||
S&P 500 Index | | | March 2022 | | | $2,799.90 | | | 68 | | | $19,039,320 | | | $10,266,300 |
S&P 500 Mini Index | | | March 2022 | | | 279.99 | | | 12 | | | 335,988 | | | 181,176 |
Total Options Purchased - Calls | | | | | | | | | 19,375,308 | | | 10,447,476 | |||
(Cost $10,447,908) | | | | | | | | | | | |||||
OPTION PURCHASED - PUTS(b) - 35.8% | |||||||||||||||
Options on Equity Indices - 35.8% | |||||||||||||||
S&P 500 Index | | | March 2022 | | | 4,307.54 | | | 34 | | | 14,645,636 | | | 831,062 |
S&P 500 Index | | | March 2022 | | | 5,599.80 | | | 34 | | | 19,039,320 | | | 4,449,240 |
S&P 500 Mini Index | | | March 2022 | | | 430.75 | | | 6 | | | 258,450 | | | 14,670 |
S&P 500 Mini Index | | | March 2022 | | | 559.98 | | | 6 | | | 335,988 | | | 78,516 |
Total Options Purchased - Puts | | | | | | | | | 34,279,394 | | | 5,373,488 | |||
(Cost $5,373,920) | | | | | | | | | | | |||||
Total Investments – 105.5% | | | | | | | | | 53,654,702 | | | 15,820,964 | |||
(Cost $15,821,828) | | | | | | | | | | | |||||
Other assets less liabilities – (5.5)% | | | | | | | | | | | (822,908) | ||||
Net Assets – 100.0% | | | | | | | | | | | $14,998,056 |
(a) | Each contract equals 100 shares. |
(b) | Non-income producing. |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 34 | | | $4,565.99 | | | March 2022 | | | $290,535 | | | $15,524,366 | | | $(290,734) |
S&P 500 Index | | | 34 | | | 5,599.80 | | | March 2022 | | | 2,113 | | | 19,039,320 | | | (2,312) |
S&P 500 Mini Index | | | 6 | | | 456.60 | | | March 2022 | | | 5,113 | | | 273,960 | | | (5,130) |
S&P 500 Mini Index | | | 6 | | | 559.98 | | | March 2022 | | | 25 | | | 335,988 | | | (42) |
| | | | | | | | $297,786 | | | $35,173,634 | | | $(298,218) |
Description | | | Contracts(b) | | | Exercise Price | | | Expiration Date | | | Premiums Received | | | Notional Amount | | | U.S. $ Value |
S&P 500 Index | | | 68 | | | $2,799.90 | | | March 2022 | | | $165,250 | | | $19,039,320 | | | $(165,648) |
S&P 500 Index | | | 34 | | | 3,876.79 | | | March 2022 | | | 442,107 | | | 13,181,086 | | | (442,306) |
S&P 500 Mini Index | | | 12 | | | 279.99 | | | March 2022 | | | 2,894 | | | 335,988 | | | (2,928) |
S&P 500 Mini Index | | | 6 | | | 387.68 | | | March 2022 | | | 7,789 | | | 232,608 | | | (7,806) |
| | | | | | | | $618,040 | | | $32,789,002 | | | $(618,688) | ||||
TOTAL OPTIONS WRITTEN | | | | | | | | | $915,826 | | | $67,962,636 | | | $(916,906) |
(a) | Non-income producing. |
(b) | Each contract equals 100 shares. |
| | AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | AllianzIM U.S. Large Cap Buffer20 Apr ETF | |
ASSETS | | | | | | | | | ||||
Investments, at value | | | $45,660,904 | | | $64,482,621 | | | $16,413,923 | | | $25,448,347 |
Cash | | | 19,189 | | | 15,856 | | | 1,063 | | | 5,076 |
TOTAL ASSETS | | | 45,680,093 | | | 64,498,477 | | | 16,414,986 | | | 25,453,423 |
| | | | | | | | |||||
LIABILITIES | | | | | | | | | ||||
Payables: | | | | | | | | | ||||
Options contracts written, at value | | | 2,358,742 | | | 5,887,504 | | | 918,891 | | | 2,091,587 |
Management fees | | | 212,272 | | | 260,918 | | | 65,373 | | | 80,777 |
TOTAL LIABILITIES | | | 2,571,014 | | | 6,148,422 | | | 984,264 | | | 2,172,364 |
NET ASSETS | | | $43,109,079 | | | $58,350,055 | | | $15,430,722 | | | $23,281,059 |
| | | | | | | | |||||
COMPONENTS OF NET ASSETS | | | | | | | | | ||||
Paid-in capital | | | $43,109,079 | | | $58,350,055 | | | $15,430,722 | | | $23,281,059 |
Total distributable earnings (accumulated loss) | | | — | | | — | | | — | | | — |
NET ASSETS | | | $43,109,079 | | | $58,350,055 | | | $15,430,722 | | | $23,281,059 |
| | | | | | | | |||||
NET ASSET VALUE PER SHARE | | | | | | | | | ||||
Net Asset Value | | | $27.37 | | | $26.22 | | | $28.06 | | | $26.49 |
Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | | | 1,575,000 | | | 2,225,000 | | | 550,000 | | | 879,000 |
| | | | | | | | |||||
COST OF INVESTMENTS | | | | | | | | | ||||
Investments, at cost | | | $56,446,370 | | | $78,182,648 | | | $19,314,164 | | | $29,432,620 |
Premiums received | | | $1,356,516 | | | $3,676,949 | | | $676,811 | | | $1,501,465 |
| | AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | AllianzIM U.S. Large Cap Buffer20 Oct ETF | |
ASSETS | | | | | | | | | ||||
Investments, at value | | | $35,446,991 | | | $46,655,538 | | | $43,446,940 | | | $33,902,937 |
Cash | | | 7,416 | | | 34,501 | | | 8,993 | | | 798 |
Receivable for investments sold | | | — | | | — | | | 47,924,141 | | | 39,888,440 |
TOTAL ASSETS | | | 35,454,407 | | | 46,690,039 | | | 91,380,074 | | | 73,792,175 |
| | | | | | | | |||||
LIABILITIES | | | | | | | | | ||||
Payables: | | | | | | | | | ||||
Investments purchased | | | — | | | — | | | 47,491,808 | | | 39,497,421 |
Options contracts written, at value | | | 2,645,518 | | | 3,589,752 | | | 4,033,042 | | | 3,147,245 |
Management fees | | | 64,179 | | | 79,711 | | | 249,541 | | | 225,712 |
TOTAL LIABILITIES | | | 2,709,697 | | | 3,669,463 | | | 51,774,391 | | | 42,870,378 |
NET ASSETS | | | $32,744,710 | | | $43,020,576 | | | $39,605,683 | | | $30,921,797 |
| | | | | | | | |||||
COMPONENTS OF NET ASSETS | | | | | | | | | ||||
Paid-in capital | | | $32,744,710 | | | $43,020,576 | | | $39,605,683 | | | $30,921,797 |
Total distributable earnings (accumulated loss) | | | — | | | — | | | — | | | — |
NET ASSETS | | | $32,744,710 | | | $43,020,576 | | | $39,605,683 | | | $30,921,797 |
| | | | | | | | |||||
NET ASSET VALUE PER SHARE | | | | | | | | | ||||
Net Asset Value | | | $27.87 | | | $26.47 | | | $28.80 | | | $26.89 |
Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | | | 1,175,000 | | | 1,625,000 | | | 1,375,000 | | | 1,150,000 |
| | | | | | | | |||||
COST OF INVESTMENTS | | | | | | | | | ||||
Investments, at cost | | | $37,727,248 | | | $49,493,630 | | | $43,449,126 | | | $33,904,644 |
Premiums received | | | $2,448,122 | | | $3,427,087 | | | $4,030,309 | | | $3,145,111 |
| | AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | |
ASSETS | | | |
Investments, at value | | | $15,820,964 |
Receivable for investments sold | | | 915,826 |
Receivable for Fund shares sold | | | 15,000,000 |
TOTAL ASSETS | | | 31,736,790 |
| | ||
LIABILITIES | | | |
Payables: | | | |
Investments purchased | | | 15,821,828 |
Options contracts written, at value | | | 916,906 |
TOTAL LIABILITIES | | | 16,738,734 |
NET ASSETS | | | $14,998,056 |
| | ||
COMPONENTS OF NET ASSETS | | | |
Paid-in capital | | | $15,000,000 |
Total distributable earnings (accumulated loss) | | | (1,944) |
NET ASSETS | | | $14,998,056 |
| | ||
NET ASSET VALUE PER SHARE | | | |
Net Asset Value | | | $25.00 |
Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value) | | | 600,000 |
| | ||
COST OF INVESTMENTS | | | |
Investments, at cost | | | $15,821,828 |
Premiums received | | | $915,826 |
| | AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | AllianzIM U.S. Large Cap Buffer20 Apr ETF | |
| | For the Period Ended September 30, 2021* | | | For the Period Ended September 30, 2021* | | | For the Year Ended September 30, 2021 | | | For the Year Ended September 30, 2021 | |
EXPENSES: | | | | | | | | | ||||
Management fees | | | $212,272 | | | $260,918 | | | $81,705 | | | $96,198 |
Interest expense | | | 40 | | | 243 | | | 42 | | | 109 |
Net Expenses | | | 212,312 | | | 261,161 | | | 81,747 | | | 96,307 |
NET INVESTMENT INCOME (LOSS) | | | (212,312) | | | (261,161) | | | (81,747) | | | (96,307) |
| | | | | | | | |||||
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | | | | | | | | | ||||
Net realized gain (loss) on: | | | | | | | | | ||||
Option contracts purchased | | | $12,530,232 | | | $15,659,115 | | | $4,286,240 | | | $5,302,765 |
Option contracts written | | | 2,743,430 | | | 2,509,520 | | | 310,904 | | | 111,393 |
Net realized gain (loss) | | | 15,273,662 | | | 18,168,635 | | | 4,597,144 | | | 5,414,158 |
| | | | | | | | |||||
Net change in unrealized appreciation (depreciation) on: | | | | | | | | | ||||
Options contracts purchased | | | (10,785,466) | | | (13,700,027) | | | (3,033,675) | | | (4,116,087) |
Options contracts written | | | (1,002,226) | | | (2,210,555) | | | (269,288) | | | (556,473) |
Net change in unrealized appreciation (depreciation) | | | (11,787,692) | | | (15,910,582) | | | (3,302,963) | | | (4,672,560) |
NET REALIZED AND UNREALIZED GAIN (LOSS) | | | 3,485,970 | | | 2,258,053 | | | 1,294,181 | | | 741,598 |
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $3,273,658 | | | $1,996,892 | | | $1,212,434 | | | $645,291 |
* | The Fund commenced operations on December 31, 2020. |
| | AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | AllianzIM U.S. Large Cap Buffer20 Oct ETF | |
| | For the Year Ended September 30, 2021 | | | For the Year Ended September 30, 2021 | | | For the Year Ended September 30, 2021 | | | For the Year Ended September 30, 2021 | |
EXPENSES: | | | | | | | | | ||||
Management fees | | | $125,586 | | | $110,926 | | | $249,541 | | | $225,712 |
Interest expense | | | 34 | | | 174 | | | 32 | | | 12 |
Net Expenses | | | 125,620 | | | 111,100 | | | 249,573 | | | 225,724 |
NET INVESTMENT INCOME (LOSS) | | | (125,620) | | | (111,100) | | | (249,573) | | | (225,724) |
| | | | | | | | |||||
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS: | | | | | | | | | ||||
Net realized gain (loss) on: | | | | | | | | | ||||
Option contracts purchased | | | $5,747,772 | | | $4,667,869 | | | $4,444,757 | | | $4,294,173 |
Option contracts written | | | (2,318,010) | | | (1,259,241) | | | 528,176 | | | (1,867,060) |
Net realized gain (loss) | | | 3,429,762 | | | 3,408,628 | | | 4,972,933 | | | 2,427,113 |
| | | | | | | | |||||
Net change in unrealized appreciation (depreciation) on: | | | | | | | | | ||||
Options contracts purchased | | | (2,389,955) | | | (2,969,259) | | | (1,258) | | | (779) |
Options contracts written | | | (222,645) | | | (125,905) | | | (1,573) | | | (974) |
Net change in unrealized appreciation (depreciation) | | | (2,612,600) | | | (3,095,164) | | | (2,831) | | | (1,753) |
NET REALIZED AND UNREALIZED GAIN (LOSS) | | | 817,162 | | | 313,464 | | | 4,970,102 | | | 2,425,360 |
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $691,542 | | | $202,364 | | | $4,720,529 | | | $2,199,636 |
| | AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | |
| | For the Period Ended September 30, 2021* | |
UNREALIZED GAIN (LOSS) ON INVESTMENTS: | | | |
| | ||
Net change in unrealized appreciation (depreciation) on: | | | |
Options contracts purchased | | | $(864) |
Options contracts written | | | (1,080) |
Net change in unrealized appreciation (depreciation) | | | (1,944) |
NET UNREALIZED GAIN (LOSS) | | | (1,944) |
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS | | | $(1,944) |
* | The Fund commenced operations on September 30, 2021. |
| | AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | AllianzIM U.S. Large Cap Buffer20 Jan ETF | |
| | For the Period Ended September 30, 2021* | | | For the Period Ended September 30, 2021* | |
OPERATIONS: | | | | | ||
Net investment income (loss) | | | $(212,312) | | | $(261,161) |
Net realized gain (loss) | | | 15,273,662 | | | 18,168,635 |
Net change in unrealized appreciation (depreciation) | | | (11,787,692) | | | (15,910,582) |
Net increase (decrease) in net assets resulting from operations | | | 3,273,658 | | | 1,996,892 |
| | | | |||
| | | | |||
CAPITAL TRANSACTIONS: | | | | | ||
Proceeds from Shares issued | | | 89,091,466 | | | 116,110,720 |
Cost of Shares redeemed | | | (49,256,045) | | | (59,757,557) |
Net increase (decrease) in net assets from capital transactions | | | 39,835,421 | | | 56,353,163 |
Total increase (decrease) in net assets | | | 43,109,079 | | | 58,350,055 |
| | | | |||
NET ASSETS | | | | | ||
Beginning of Period | | | — | | | — |
End of Period | | | $43,109,079 | | | $58,350,055 |
| | | | |||
CHANGES IN SHARES OUTSTANDING | | | | | ||
Shares issued | | | 3,375,000 | | | 4,500,000 |
Shares redeemed | | | (1,800,000) | | | (2,275,000) |
Net increase (decrease) in Shares outstanding | | | 1,575,000 | | | 2,225,000 |
Shares outstanding, Beginning of Period | | | — | | | — |
Shares outstanding, End of Period | | | 1,575,000 | | | 2,225,000 |
* | The Fund commenced operations on December 31, 2020. |
| | AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | AllianzIM U.S. Large Cap Buffer20 Apr ETF | |||||||
| | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | | | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | |
OPERATIONS: | | | | | | | | | ||||
Net investment income (loss) | | | $(81,747) | | | $(7,923) | | | $(96,307) | | | $(8,006) |
Net realized gain (loss) | | | 4,597,144 | | | — | | | 5,414,158 | | | — |
Net change in unrealized appreciation (depreciation) | | | (3,302,963) | | | 160,642 | | | (4,672,560) | | | 98,165 |
Net increase (decrease) in net assets resulting from operations | | | 1,212,434 | | | 152,719 | | | 645,291 | | | 90,159 |
| | | | | | | | |||||
DISTRIBUTIONS TO SHAREHOLDERS | | | | | | | | | ||||
Distributions from distributable earnings | | | (152,719) | | | — | | | (90,159) | | | — |
| | | | | | | | |||||
CAPITAL TRANSACTIONS: | | | | | | | | | ||||
Proceeds from Shares issued | | | 38,276,660 | | | 3,121,768 | | | 52,442,276 | | | 3,124,362 |
Cost of Shares redeemed | | | (27,180,140) | | | — | | | (33,030,870) | | | — |
Net increase (decrease) in net assets from capital transactions | | | 11,096,520 | | | 3,121,768 | | | 19,411,406 | | | 3,124,362 |
Total increase (decrease) in net assets | | | 12,156,235 | | | 3,274,487 | | | 19,966,538 | | | 3,214,521 |
| | | | | | | | |||||
NET ASSETS | | | | | | | | | ||||
Beginning of Period | | | 3,274,487 | | | — | | | 3,314,521 | | | 100,000(a) |
End of Period | | | $15,430,722 | | | $3,274,487 | | | $23,281,059 | | | $3,314,521 |
| | | | | | | | |||||
CHANGES IN SHARES OUTSTANDING | | | | | | | | | ||||
Shares issued | | | 1,400,000 | | | 125,000 | | | 2,000,000 | | | 125,000 |
Shares redeemed | | | (975,000) | | | — | | | (1,250,000) | | | — |
Net increase (decrease) in Shares outstanding | | | 425,000 | | | 125,000 | | | 750,000 | | | 125,000 |
Shares outstanding, Beginning of Period | | | 125,000 | | | — | | | 129,000 | | | 4,000(a) |
Shares outstanding, End of Period | | | 550,000 | | | 125,000 | | | 879,000 | | | 129,000 |
* | The Fund commenced operations on May 28, 2020. |
(a) | Beginning capital of $100,000 was contributed from Allianz Life Insurance Company North America, the parent company of the investment adviser to the Funds, in exchange for 4,000 Shares of the Fund in connection with the seeding of the Trust. |
| | AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | AllianzIM U.S. Large Cap Buffer20 Jul ETF | |||||||
| | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | | | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | |
OPERATIONS: | | | | | | | | | ||||
Net investment income (loss) | | | $(125,620) | | | $(5,834) | | | $(111,100) | | | $(6,804) |
Net realized gain (loss) | | | 3,429,762 | | | — | | | 3,408,628 | | | — |
Net change in unrealized appreciation (depreciation) | | | (2,612,600) | | | 134,947 | | | (3,095,164) | | | 94,407 |
Net increase (decrease) in net assets resulting from operations | | | 691,542 | | | 129,113 | | | 202,364 | | | 87,603 |
| | | | | | | | |||||
DISTRIBUTIONS TO SHAREHOLDERS | | | | | | | | | ||||
Distributions from distributable earnings | | | (129,113) | | | — | | | (87,603) | | | — |
| | | | | | | | |||||
CAPITAL TRANSACTIONS: | | | | | | | | | ||||
Proceeds from Shares issued | | | 102,416,010 | | | 3,142,183 | | | 101,512,875 | | | 3,764,362 |
Cost of Shares redeemed | | | (73,505,025) | | | — | | | (62,459,025) | | | — |
Net increase (decrease) in net assets from capital transactions | | | 28,910,985 | | | 3,142,183 | | | 39,053,850 | | | 3,764,362 |
Total increase (decrease) in net assets | | | 29,473,414 | | | 3,271,296 | | | 39,168,611 | | | 3,851,965 |
| | | | | | | | |||||
NET ASSETS | | | | | | | | | ||||
Beginning of Period | | | 3,271,296 | | | — | | | 3,851,965 | | | — |
End of Period | | | $32,744,710 | | | $3,271,296 | | | $43,020,576 | | | $3,851,965 |
| | | | | | | | |||||
CHANGES IN SHARES OUTSTANDING | | | | | | | | | ||||
Shares issued | | | 3,675,000 | | | 125,000 | | | 3,825,000 | | | 150,000 |
Shares redeemed | | | (2,625,000) | | | — | | | (2,350,000) | | | — |
Net increase (decrease) in Shares outstanding | | | 1,050,000 | | | 125,000 | | | 1,475,000 | | | 150,000 |
Shares outstanding, Beginning of Period | | | 125,000 | | | — | | | 150,000 | | | — |
Shares outstanding, End of Period | | | 1,175,000 | | | 125,000 | | | 1,625,000 | | | 150,000 |
* | The Fund commenced operations on June 30, 2020. |
| | AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | AllianzIM U.S. Large Cap Buffer20 Oct ETF | |||||||
| | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | | | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | |
OPERATIONS: | | | | | | | | | ||||
Net investment income (loss) | | | $(249,573) | | | $— | | | $(225,724) | | | $— |
Net realized gain (loss) | | | 4,972,933 | | | — | | | 2,427,113 | | | — |
Net change in unrealized appreciation (depreciation) | | | (2,831) | | | (2,088) | | | (1,753) | | | (2,088) |
Net increase (decrease) in net assets resulting from operations | | | 4,720,529 | | | (2,088) | | | 2,199,636 | | | (2,088) |
| | | | | | | | |||||
CAPITAL TRANSACTIONS: | | | | | | | | | ||||
Proceeds from Shares issued | | | 48,517,947 | | | 25,000,000 | | | 35,959,199 | | | 25,000,000 |
Cost of Shares redeemed | | | (38,630,705) | | | — | | | (32,234,950) | | | — |
Net increase (decrease) in net assets from capital transactions | | | 9,887,242 | | | 25,000,000 | | | 3,724,249 | | | 25,000,000 |
Total increase (decrease) in net assets | | | 14,607,771 | | | 24,997,912 | | | 5,923,885 | | | 24,997,912 |
| | | | | | | | |||||
NET ASSETS | | | | | | | | | ||||
Beginning of Period | | | 24,997,912 | | | — | | | 24,997,912 | | | — |
End of Period | | | $39,605,683 | | | $24,997,912 | | | $30,921,797 | | | $24,997,912 |
| | | | | | | | |||||
CHANGES IN SHARES OUTSTANDING | | | | | | | | | ||||
Shares issued | | | 1,725,000 | | | 1,000,000 | | | 1,350,000 | | | 1,000,000 |
Shares redeemed | | | (1,350,000) | | | — | | | (1,200,000) | | | — |
Net increase (decrease) in Shares outstanding | | | 375,000 | | | 1,000,000 | | | 150,000 | | | 1,000,000 |
Shares outstanding, Beginning of Period | | | 1,000,000 | | | — | | | 1,000,000 | | | — |
Shares outstanding, End of Period | | | 1,375,000 | | | 1,000,000 | | | 1,150,000 | | | 1,000,000 |
* | The Fund commenced operations on September 30, 2020. |
| | AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | |
| | For the Period Ended September 30, 2021* | |
OPERATIONS: | | | |
Net change in unrealized appreciation (depreciation) | | | $(1,944) |
Net increase (decrease) in net assets resulting from operations | | | (1,944) |
| | ||
CAPITAL TRANSACTIONS: | | | |
Proceeds from Shares issued | | | 15,000,000 |
Net increase (decrease) in net assets from capital transactions | | | 15,000,000 |
Total increase (decrease) in net assets | | | 14,998,056 |
| | ||
NET ASSETS | | | |
Beginning of Period | | | — |
End of Period | | | $14,998,056 |
| | ||
CHANGES IN SHARES OUTSTANDING | | | |
Shares issued | | | 600,000 |
Net increase (decrease) in Shares outstanding | | | 600,000 |
Shares outstanding, Beginning of Period | | | — |
Shares outstanding, End of Period | | | 600,000 |
* | The Fund commenced operations on September 30, 2021. |
| | AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | AllianzIM U.S. Large Cap Buffer20 Jan ETF | |
| | For the Period Ended September 30, 2021* | | | For the Period Ended September 30, 2021* | |
NET ASSET VALUE, Beginning of Period | | | $25.00 | | | $25.00 |
| | | | |||
Income (loss) from operations: | | | | | ||
Net investment income (loss)(a) | | | (0.15) | | | (0.14) |
Net realized and unrealized gain (loss) | | | 2.52 | | | 1.36 |
Total income (loss) from operations | | | 2.37 | | | 1.22 |
| | | | |||
NET ASSET VALUE, End of Period | | | $27.37 | | | $26.22 |
MARKET PRICE, End of Period | | | $27.39 | | | $26.26 |
| | | | |||
NET ASSET VALUE, Total Return(b) | | | 9.48% | | | 4.90% |
MARKET PRICE, Total Return(c) | | | 9.56% | | | 5.06% |
| | | | |||
Net assets, End of Period ($ thousands) | | | $43,109 | | | $58,350 |
| | | | |||
Ratios of Average Net Assets | | | | | ||
Net Expenses | | | 0.74%† | | | 0.74%† |
Net Investment Income | | | (0.74)%† | | | (0.74)%† |
Portfolio turnover(d) | | | — | | | — |
* | The Fund commenced operations on December 31, 2020. |
† | Annualized. |
(a) | Per share amounts have been calculated using the average shares method. |
(b) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
(c) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions. |
| | AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | AllianzIM U.S. Large Cap Buffer20 Apr ETF | |||||||
| | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | | | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | |
NET ASSET VALUE, Beginning of Period | | | $26.20 | | | $25.00 | | | $25.69 | | | $25.00 |
| | | | | | | | |||||
Income (loss) from operations: | | | | | | | | | ||||
Net investment income (loss)(a) | | | (0.20) | | | (0.07) | | | (0.20) | | | (0.06) |
Net realized and unrealized gain (loss) | | | 3.28 | | | 1.27 | | | 1.70 | | | 0.75 |
Total income (loss) from operations | | | 3.08 | | | 1.20 | | | 1.50 | | | 0.69 |
| | | | | | | | |||||
Distributions: | | | | | | | | | ||||
From net realized gains | | | (1.22) | | | — | | | (0.70) | | | — |
| | | | | | | | |||||
NET ASSET VALUE, End of Period | | | $28.06 | | | $26.20 | | | $26.49 | | | $25.69 |
MARKET PRICE, End of Period | | | $28.04 | | | $26.27 | | | $26.53 | | | $25.75 |
| | | | | | | | |||||
NET ASSET VALUE, Total Return(b) | | | 12.13% | | | 4.78% | | | 5.90% | | | 2.78% |
MARKET PRICE, Total Return(c) | | | 11.77% | | | 5.07% | | | 5.81% | | | 3.02% |
| | | | | | | | |||||
Net assets, End of Period ($ thousands) | | | $15,431 | | | $3,274 | | | $23,281 | | | $3,315 |
| | | | | | | | |||||
Ratios of Average Net Assets | | | | | | | | | ||||
Net Expenses | | | 0.74% | | | 0.74%† | | | 0.74% | | | 0.74%† |
Net Investment Income | | | (0.74)% | | | (0.74)%† | | | (0.74)% | | | (0.74)%† |
Portfolio turnover(d) | | | — | | | — | | | — | | | — |
* | The Fund commenced operations on May 28, 2020. |
† | Annualized. |
(a) | Per share amounts have been calculated using the average shares method. |
(b) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
(c) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions. |
| | AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | AllianzIM U.S. Large Cap Buffer20 Jul ETF | |||||||
| | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | | | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | |
NET ASSET VALUE, Beginning of Period | | | $26.17 | | | $25.00 | | | $25.68 | | | $25.00 |
| | | | | | | | |||||
Income (loss) from operations: | | | | | | | | | ||||
Net investment income (loss)(a) | | | (0.21) | | | (0.05) | | | (0.20) | | | (0.05) |
Net realized and unrealized gain (loss) | | | 2.94 | | | 1.22 | | | 1.57 | | | 0.73 |
Total income (loss) from operations | | | 2.73 | | | 1.17 | | | 1.37 | | | 0.68 |
| | | | | | | | |||||
Distributions: | | | | | | | | | ||||
From net realized gains | | | (1.03) | | | — | | | (0.58) | | | — |
| | | | | | | | |||||
NET ASSET VALUE, End of Period | | | $27.87 | | | $26.17 | | | $26.47 | | | $25.68 |
MARKET PRICE, End of Period | | | $27.85 | | | $26.27 | | | $26.51 | | | $25.76 |
| | | | | | | | |||||
NET ASSET VALUE, Total Return(b) | | | 10.64% | | | 4.68% | | | 5.43% | | | 2.72% |
MARKET PRICE, Total Return(c) | | | 10.14% | | | 5.08% | | | 5.23% | | | 3.06% |
| | | | | | | | |||||
Net assets, End of Period ($ thousands) | | | $32,745 | | | $3,271 | | | $43,021 | | | $3,852 |
| | | | | | | | |||||
Ratios of Average Net Assets | | | | | | | | | ||||
Net Expenses | | | 0.74% | | | 0.74%† | | | 0.74% | | | 0.74%† |
Net Investment Income | | | (0.74)% | | | (0.74)%† | | | (0.74)% | | | (0.74)%† |
Portfolio turnover(d) | | | — | | | — | | | — | | | — |
* | The Fund commenced operations on June 30, 2020. |
† | Annualized. |
(a) | Per share amounts have been calculated using the average shares method. |
(b) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
(c) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions. |
| | AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | AllianzIM U.S. Large Cap Buffer20 Oct ETF | |||||||
| | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | | | For the Year Ended September 30, 2021 | | | For the Period Ended September 30, 2020* | |
NET ASSET VALUE, Beginning of Period | | | $25.00 | | | $25.00 | | | $25.00 | | | $25.00 |
| | | | | | | | |||||
Income (loss) from operations: | | | | | | | | | ||||
Net investment income (loss)(a) | | | (0.20) | | | — | | | (0.19) | | | — |
Net realized and unrealized gain (loss) | | | 4.00 | | | — | | | 2.08 | | | — |
Total income (loss) from operations | | | 3.80 | | | — | | | 1.89 | | | — |
| | | | | | | | |||||
NET ASSET VALUE, End of Period | | | $28.80 | | | $25.00 | | | $26.89 | | | $25.00 |
MARKET PRICE, End of Period | | | $28.84 | | | — | | | $26.92 | | | — |
| | | | | | | | |||||
NET ASSET VALUE, Total Return(b) | | | 15.23% | | | — | | | 7.57% | | | — |
MARKET PRICE, Total Return(c) | | | 15.35% | | | — | | | 7.68% | | | — |
| | | | | | | | |||||
Net assets, End of Period ($ thousands) | | | $39,606 | | | $24,998 | | | $30,922 | | | $24,998 |
| | | | | | | | |||||
Ratios of Average Net Assets | | | | | | | | | ||||
Net Expenses | | | 0.74% | | | — | | | 0.74% | | | — |
Net Investment Income | | | (0.74)% | | | — | | | (0.74)% | | | — |
Portfolio turnover(d) | | | — | | | — | | | — | | | — |
* | The Fund commenced operations on September 30, 2020. |
(a) | Per share amounts have been calculated using the average shares method. |
(b) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
(c) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions. |
| | AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | |
| | For the Period Ended September 30, 2021* | |
NET ASSET VALUE, Beginning of Period | | | $25.00 |
| | ||
Income (loss) from operations: | | | |
Net investment income (loss)(a) | | | — |
Net realized and unrealized gain (loss) | | | —** |
Total income (loss) from operations | | | — |
| | ||
NET ASSET VALUE, End of Period | | | $25.00 |
MARKET PRICE, End of Period | | | — |
| | ||
NET ASSET VALUE, Total Return(b) | | | — |
MARKET PRICE, Total Return(c) | | | — |
| | ||
Net assets, End of Period ($ thousands) | | | $14,998 |
| | ||
Ratios of Average Net Assets | | | |
Net Expenses | | | — |
Net Investment Income | | | — |
Portfolio turnover(d) | | | — |
* | The Fund commenced operations on September 30, 2021. |
** | Rounds to less than $0.005. |
(a) | Per share amounts have been calculated using the average shares method. |
(b) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Total return calculated for a period of less than one year is not annualized. |
(c) | Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all distributions at net asset value during the period and sale at the market price on the last day of the period. Total return calculated for a period of less than one year is not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year and does not include in-kind transactions, if any, from processing creations or redemptions. |
• | Level 1 — unadjusted quoted prices in active markets for identical assets |
• | Level 2 — other significant inputs (including quoted prices of similar securities, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 — significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of assets and liabilities) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $ — | | | $39,041,716 | | | $ — | | | $39,041,716 |
Options Purchased - Puts | | | — | | | 6,619,188 | | | — | | | 6,619,188 |
Total Assets | | | $— | | | $45,660,904 | | | $— | | | $45,660,904 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $— | | | $(2,022,127) | | | $— | | | $(2,022,127) |
Put Options Written | | | — | | | (336,615) | | | — | | | (336,615) |
Total Liabilities | | | $— | | | $(2,358,742) | | | $— | | | $(2,358,742) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $ — | | | $55,136,576 | | | $ — | | | $55,136,576 |
Options Purchased - Puts | | | — | | | 9,346,045 | | | — | | | 9,346,045 |
Total Assets | | | $— | | | $64,482,621 | | | $— | | | $64,482,621 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $— | | | $(5,590,768) | | | $— | | | $(5,590,768) |
Put Options Written | | | — | | | (296,736) | | | — | | | (296,736) |
Total Liabilities | | | $— | | | $(5,887,504) | | | $— | | | $(5,887,504) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $ — | | | $12,655,324 | | | $ — | | | $12,655,324 |
Options Purchased - Puts | | | — | | | 3,758,599 | | | — | | | 3,758,599 |
Total Assets | | | $— | | | $16,413,923 | | | $— | | | $16,413,923 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $— | | | $(489,002) | | | $— | | | $(489,002) |
Put Options Written | | | — | | | (429,889) | | | — | | | (429,889) |
Total Liabilities | | | $— | | | $(918,891) | | | $— | | | $(918,891) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $ — | | | $19,620,267 | | | $ — | | | $19,620,267 |
Options Purchased - Puts | | | — | | | 5,828,080 | | | — | | | 5,828,080 |
Total Assets | | | $— | | | $25,448,347 | | | $— | | | $25,448,347 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $— | | | $(1,643,106) | | | $— | | | $(1,643,106) |
Put Options Written | | | — | | | (448,481) | | | — | | | (448,481) |
Total Liabilities | | | $— | | | $(2,091,587) | | | $— | | | $(2,091,587) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $ — | | | $23,199,923 | | | $ — | | | $23,199,923 |
Options Purchased - Puts | | | — | | | 12,247,068 | | | — | | | 12,247,068 |
Total Assets | | | $— | | | $35,446,991 | | | $— | | | $35,446,991 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $— | | | $(582,828) | | | $— | | | $(582,828) |
Put Options Written | | | — | | | (2,062,690) | | | — | | | (2,062,690) |
Total Liabilities | | | $— | | | $(2,645,518) | | | $— | | | $(2,645,518) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $ — | | | $30,534,716 | | | $ — | | | $30,534,716 |
Options Purchased - Puts | | | — | | | 16,120,822 | | | — | | | 16,120,822 |
Total Assets | | | $— | | | $46,655,538 | | | $— | | | $46,655,538 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $— | | | $(1,657,718) | | | $— | | | $(1,657,718) |
Put Options Written | | | — | | | (1,932,034) | | | — | | | (1,932,034) |
Total Liabilities | | | $— | | | $(3,589,752) | | | $— | | | $(3,589,752) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $27,888,280 | | | $ — | | | $ — | | | $27,888,280 |
Options Purchased - Puts | | | 15,558,660 | | | — | | | — | | | 15,558,660 |
Total Assets | | | $43,446,940 | | | $— | | | $— | | | $43,446,940 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $(769,702) | | | $— | | | $— | | | $(769,702) |
Put Options Written | | | (3,263,340) | | | — | | | — | | | (3,263,340) |
Total Liabilities | | | $(4,033,042) | | | $— | | | $— | | | $(4,033,042) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $21,761,402 | | | $ — | | | $ — | | | $21,761,402 |
Options Purchased - Puts | | | 12,141,535 | | | — | | | — | | | 12,141,535 |
Total Assets | | | $33,902,937 | | | $— | | | $— | | | $33,902,937 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $(1,254,072) | | | $— | | | $— | | | $(1,254,072) |
Put Options Written | | | (1,893,173) | | | — | | | — | | | (1,893,173) |
Total Liabilities | | | $(3,147,245) | | | $— | | | $— | | | $(3,147,245) |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | ||||
Options Purchased - Calls | | | $10,447,476 | | | $ — | | | $ — | | | $10,447,476 |
Options Purchased - Puts | | | 5,373,488 | | | — | | | — | | | 5,373,488 |
Total Assets | | | $15,820,964 | | | $— | | | $— | | | $15,820,964 |
Liabilities | | | | | | | | | ||||
Call Options Written | | | $(298,218) | | | $— | | | $— | | | $(298,218) |
Put Options Written | | | (618,688) | | | — | | | — | | | (618,688) |
Total Liabilities | | | $(916,906) | | | $— | | | $— | | | $(916,906) |
AllianzIM U.S. Large Cap Buffer10 Jan ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $45,660,904 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(2,358,742) |
| | | |
AllianzIM U.S. Large Cap Buffer20 Jan ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $64,482,621 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(5,887,504) |
| | | |
AllianzIM U.S. Large Cap Buffer10 Apr ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $16,413,923 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(918,891) |
| | | |
AllianzIM U.S. Large Cap Buffer20 Apr ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $25,448,347 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(2,091,587) |
| | | |
AllianzIM U.S. Large Cap Buffer10 Jul ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $35,446,991 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(2,645,518) |
| | | |
AllianzIM U.S. Large Cap Buffer20 Jul ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $46,655,538 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(3,589,752) |
| | | |
AllianzIM U.S. Large Cap Buffer10 Oct ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $43,446,940 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(4,033,042) |
| | | |
AllianzIM U.S. Large Cap Buffer20 Oct ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $33,902,937 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(3,147,245) |
| | | |
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | ||||||
Derivative Contracts | | | Statements of Assets and Liabilities Location | |||
| | Investments, at value | | | Options Contracts Written, at value | |
Gross Assets: | | | | | ||
Equity contracts | | | $15,820,964 | | | $— |
| | | | |||
Gross Liabilities: | | | | | ||
Equity contracts | | | $— | | | $(916,906) |
| | | |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $12,530,232 | | | $2,743,430 |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(10,785,466) | | | $(1,002,226) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $15,659,115 | | | $2,509,520 |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(13,700,027) | | | $(2,210,555) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $4,286,240 | | | $310,904 |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(3,033,675) | | | $(269,288) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $5,302,765 | | | $111,393 |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(4,116,087) | | | $(556,473) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $5,747,772 | | | $(2,318,010) |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(2,389,955) | | | $(222,645) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $4,667,869 | | | $(1,259,241) |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(2,969,259) | | | $(125,905) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $4,444,757 | | | $528,176 |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(1,258) | | | $(1,573) |
Amount of Realized Gain (Loss) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $4,294,173 | | | $(1,867,060) |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(779) | | | $(974) |
Amount of Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in the Statements of Operations | ||||||
Derivative Contracts | | | Option Contracts Purchased | | | Options Contracts Written |
Equity contracts | | | $(864) | | | $(1,080) |
| | AllianzIM U.S. Large Cap Buffer10 Jan ETF(1) | | | AllianzIM U.S. Large Cap Buffer20 Jan ETF(1) | | | AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | AllianzIM U.S. Large Cap Buffer10 Jul ETF | |
Purchased Options: | | | | | | | | | | | |||||
Average Notional Amount | | | $46,320 | | | $68,640 | | | $12,892 | | | $18,585 | | | $25,785 |
| | | | | | | | | | ||||||
Options Written: | | | | | | | | | | | |||||
Average Notional Amount | | | $57,900 | | | $85,800 | | | $16,115 | | | $23,231 | | | $32,231 |
| | AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF(2) | |
Purchased Options: | | | | | | | | | ||||
Average Notional Amount | | | $20,154 | | | $45,015 | | | $38,492 | | | $16,000 |
| | | | | | | | |||||
Options Written: | | | | | | | | | ||||
Average Notional Amount | | | $25,192 | | | $56,269 | | | $48,115 | | | $20,000 |
(1) | Positions were opened for the period December 31, 2020 (commencement of operations) through September 30, 2021. |
(2) | Positions were opened for the period September 30, 2021 (commencement of operations) through September 30, 2021. |
| | Paid-in Capital | | | Total distributed earnings (accumulated loss) | |
AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | $3,273,658 | | | $(3,273,658) |
AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | 1,996,892 | | | (1,996,892) |
AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | 1,212,434 | | | (1,212,434) |
AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | 645,291 | | | (645,291) |
AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | 691,542 | | | (691,542) |
AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | 202,364 | | | (202,364) |
AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | 4,718,441 | | | (4,718,441) |
AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | 2,197,548 | | | (2,197,548) |
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | | | − | | | — |
| | Ordinary Income | | | Net Long-Term Capital Gains | | | Total | |
AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | $— | | | $— | | | $— |
AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | 56,334 | | | 96,385 | | | 152,719 |
AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | 31,260 | | | 58,899 | | | 90,159 |
AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | 48,145 | | | 80,968 | | | 129,113 |
AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | 30,959 | | | 56,644 | | | 87,603 |
AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | — | | | — | | | — |
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | | | — | | | — | | | — |
| | Tax Cost | | | Gross Unrealized Appreciation | | | Gross Unrealized (Depreciation) | | | Net Unrealized Appreciation (Depreciation) | |
AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | $45,660,904 | | | $— | | | $— | | | $— |
AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | 64,482,621 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | 16,413,923 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | 25,448,347 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | 35,446,991 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | 46,655,538 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | 43,446,940 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | 33,902,937 | | | — | | | — | | | — |
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | | | 15,820,964 | | | — | | | — | | | — |
| | Capital Loss Carryforward | ||||
| | Short-Term | | | Long-Term | |
AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | $— | | | $— |
AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | — | | | — |
AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | — | | | — |
AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | — | | | — |
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | | | 778 | | | 1,166 |
Fund Name | | | Statements of Operations | | | Statement(s) of Changes in Net Assets | | | Financial Highlights |
AllianzIM U.S. Large Cap Buffer10 Jan ETF and AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | For the period from December 31, 2020 (commencement of operations) through September 30, 2021 | ||||||
AllianzIM U.S. Large Cap Buffer10 Apr ETF and AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | For the year ended September 30, 2021 | | | For the year ended September 30, 2021 and for the period from May 28, 2020 (commencement of operations) through September 30, 2020 | |||
AllianzIM U.S. Large Cap Buffer10 Jul ETF and AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | For the year ended September 30, 2021 | | | For the year ended September 30, 2021 and for the period from June 30, 2020 (commencement of operations) through September 30, 2020 | |||
AllianzIM U.S. Large Cap Buffer10 Oct ETF and AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | For the year ended September 30, 2021 | | | For the year ended September 30, 2021 and for the one day ended September 30, 2020 (commencement of operations) | |||
AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF | | | For the one day ended September 30, 2021 (commencement of operations) |
Fund | | | Beginning Account Value 4/30/2021 | | | Actual Ending Value 9/30/2021 | | | Actual Expenses Paid During the Period | | | Hypothetical Ending Account Value 9/30/2021 | | | Hypothetical Expenses Paid During the Six-Month Period(a) | | | Annualized Expense Ratio |
AllianzIM U.S. Large Cap Buffer10 Jan ETF | | | $1,000.00 | | | $1,051.50 | | | $3.81 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer20 Jan ETF | | | $1,000.00 | | | $1,024.30 | | | $3.76 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer10 Apr ETF | | | $1,000.00 | | | $1,058.50 | | | $3.82 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer20 Apr ETF | | | $1,000.00 | | | $1,029.30 | | | $3.76 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer10 Jul ETF | | | $1,000.00 | | | $1,014.80 | | | $3.74 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer20 Jul ETF | | | $1,000.00 | | | $1,006.00 | | | $3.72 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer10 Oct ETF | | | $1,000.00 | | | $1,040.40 | | | $3.79 | | | $1,021.36 | | | $3.75 | | | 0.74% |
AllianzIM U.S. Large Cap Buffer20 Oct ETF | | | $1,000.00 | | | $1,018.00 | | | $3.74 | | | $1,021.36 | | | $3.75 | | | 0.74% |
* | The AllianzIM U.S. Large Cap 6 Month Buffer10 Apr/Oct ETF commenced operations on September 30, 2021. There were no expenses accrued for that Fund for the one day period ended September 30, 2021. Accordingly, no information is presented for the Fund in the table above. |
(a) | Fund expenses are equal to the annualized expense ratio (provided in the table), multiplied by the average account value over the period, multiplied by the 183 days in the six-month period ended September 30, 2021, and divided by the 365 (to reflect the one-half year period). |
(a) | The nature, extent and quality of services provided to each Fund by the Manager. The Board considered the scope of services provided under the Agreement. In considering the nature, extent and quality of the services provided by the Manager, the Board reviewed the Manager’s compliance infrastructure and the financial strength and resources of the Manager and its parent organization. The Board also reviewed information regarding the qualifications, background and experience of the investment personnel responsible for the day-to-day management of each Fund, including expertise with hedging strategies and derivatives instruments. The Board considered the Manager’s experience as the investment manager to the Funds as well as to mutual funds underlying variable products and other accounts. The Board also considered the services provided to each Fund by the Manager, such as implementation of the Fund’s investment strategy, monitoring adherence to the Fund’s investment restrictions, and monitoring compliance with various Fund policies and procedures and with applicable securities regulations. Based on the factors above, as well as those discussed below, the Board concluded that it was satisfied with the nature, extent and quality of the services provided to each Fund by the Manager based on its experience, personnel, operations and resources. |
(b) | The cost of services provided to each Fund by the Manager, profitability and economies of scale. The Board reviewed the expense ratio and advisory fee paid by each Fund and considered the expense ratios and advisory fees of the Peer Group. The Board noted that each Fund’s advisory fee and net expense ratio were lower than the advisory fees and net expense ratios of all funds included in the Peer Group, but the Board also took into account that the buffer ETF strategy is relatively new and unique and, therefore, that the Peer Group is relatively limited. The Board took into consideration that the advisory fee was a “unified fee,” meaning that the Manager bears all of the ordinary operating expenses of the Funds, except for certain excluded items. The Board concluded that the advisory fee was reasonable. |
(c) | The investment performance of each Fund and the Manager. The Board considered the investment performance of each Fund, including how it compared to the performance of the Fund’s reference index and in light of the Fund’s buffered outcome investment strategy, recognizing that the Funds have only a limited performance history due to the relatively recent inception of the Funds. With respect to the AllianzIM U.S. Large Cap Buffer10 Apr ETF, AllianzIM U.S. Large Cap Buffer20 Apr ETF, AllianzIM U.S. Large Cap Buffer10 Jul ETF and AllianzIM U.S. Large Cap Buffer20 Jul ETF, the Board considered that each Fund finished its initial outcome period in line with the performance outcome it seeks to achieve. The Board concluded that each Fund’s investment performance has been consistent with the Fund’s investment objective and strategies. The Board received and considered information about the premium/discount history of each Fund, which illustrated the number of times that the market price of the Fund trading on the secondary market closed above or below the net asset value of the Fund, and by how much, measured in basis points. The Board also took into account the Manager’s experience managing mutual funds underlying variable products and other accounts. The Board noted that such experience demonstrated the Manager’s ability to effectively manage 1940 Act registered investment companies. After considering all of the information, the Board concluded that each Fund and its shareholders were likely to continue to benefit from the Manager’s management. |
(a) | The nature, extent and quality of services to be provided to the Fund by the Manager. The Board considered the scope of services to be provided under the Agreement. In considering the nature, extent and quality of the services to be provided by the Manager, the Board reviewed the Manager’s compliance infrastructure and the financial strength and resources of the Manager and its parent organization. The Board also reviewed information regarding the qualifications, background and experience of the investment personnel who will be responsible for the day-to-day management of the Fund, including expertise with hedging strategies and derivatives instruments. The Board considered the Manager’s experience as the investment manager to the other series of the Trust as well as to mutual funds underlying variable products and other accounts. The Board also considered the services to be provided to the Fund by the Manager, such as implementation of the Fund’s investment strategy, monitoring adherence to the Fund’s investment restrictions, and monitoring compliance with various Fund policies and procedures and with applicable securities regulations. Based on the factors above, as well as those discussed below, the Board concluded that it was satisfied with the nature, extent and quality of the services to be provided to the Fund by the Manager based on its experience, personnel, operations and resources. |
(b) | The cost of services to be provided to the Fund by the Manager, profitability and economies of scale. The Board reviewed the proposed expense ratio and advisory fee to be paid by the Fund and considered the expense ratios and advisory fees of the Peer Group. The Board noted that the Fund’s advisory fee and net |
(c) | The investment performance of the Fund and the Manager. The Board noted that there was no prior performance of the Fund to consider, but the Board took into account the Manager’s experience managing the other series of the Trust as well as mutual funds underlying variable products and other accounts. The Board noted that such experience demonstrated the Manager’s ability to effectively manage 1940 Act registered investment companies. After considering all of the information, the Board concluded that the Fund and its shareholders were likely to benefit from the Manager’s management. |
Name, Address, and Birth Year | | | Positions Held with the Trust | | | Term of Office(2)/ Length of Time Served | | | Principal Occupation(s) During Past 5 Years | | | Number of Portfolios Overseen for the AIM Complex(3) | | | Other Directorships Held Outside the AIM Complex During Past 5 Years |
INDEPENDENT TRUSTEES(1) | |||||||||||||||
Peter R. Burnim (1947) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee | | | Since February 2020 | | | Retired; previously, Chairman, Emrys Analytics (a company focused on predictive analytics, artificial intelligence in insurance underwriting and cyber risk) and subsidiaries, 2015 to 2018; Chairman, Argus Investment Strategies Fund Ltd., 2013 to 2017; Managing Director, iQ Venture Advisors, LLC, 2005 to 2016, Consultant thereafter; Chairman, Sterling Bank & Trust (Bahamas) Ltd., 2016 to present, and Sterling Trust (Cayman) Ltd. 2015 to present | | | 46 | | | Argus Group Holdings and Subsidiaries, Deputy Chairman; Sterling Trust (Cayman) Ltd., Chairman; Sterling Bank & Trust Limited (Bahamas); Emrys Analytics; EGB Insurance. |
Peggy L. Ettestad (1957) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Lead Independent Trustee | | | Since February 2020 | | | Managing Director, Red Canoe Management Consulting LLC, 2008 to present | | | 46 | | | None |
Tamara Lynn Fagely (1958) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee | | | Since February 2020 | | | Retired; previously, Chief Operations Officer, Hartford Funds, 2012 to 2013 | | | 46 | | | Diamond Hill Funds (12 funds) |
Richard H. Forde (1953) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee | | | Since February 2020 | | | Retired; previously, Member of the Board and Chairman of the Finance and Investment Committee, Connecticut Water Service, Inc., 2013 to 2019 | | | 46 | | | Connecticut Water Service, Inc. |
Jack Gee (1959) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee | | | Since February 2020 | | | Retired; previously, Managing Director, BlackRock, Inc., Treasurer and Chief Financial Officer U.S. iShares, 2004 to 2019 | | | 46(4) | | | Engine No. 1 ETF Trust (1 fund); Esoterica Thematic Trust (2019 - 2020) |
Claire R. Leonardi (1955) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee | | | Since February 2020 | | | Retired; previously, CEO, Health eSense Inc. (a medical device company), 2015 to 2018, and Connecticut Innovations, Inc. (a venture capital firm), 2012 to 2015 | | | 46 | | | None |
Dickson W. Lewis (1948) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee | | | Since February 2020 | | | Retired; previously, senior executive for Lifetouch National School Studios (a photography company), 2006 to 2014, Jostens (a producer of yearbooks and class rings), 2001 to 2006, and Fortis Financial Group, 1997 to 2001 | | | 46 | | | None |
INTERESTED TRUSTEE(5) | |||||||||||||||
Brian Muench (1970) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Trustee and President | | | Since December 2019 | | | President, Allianz Investment Management LLC, 2010 to present; Vice President, Allianz Life Insurance Company of North America, 2011 to present | | | 46 | | | None |
(1) | Member of the Audit Committee. |
(2) | Indefinite. |
(3) | The AIM Complex includes the Trust, the Allianz Variable Insurance Products Trust, and the Allianz Variable Insurance Products Fund of Funds Trust. |
(4) | Mr. Gee is a consultant to the Independent Trustees of the Allianz Variable Insurance Products Trust and Allianz Variable Insurance Products Fund of Funds Trust. |
(5) | Is an “interested person,” as defined by the 1940 Act, due to employment by Allianz. |
| Name, Address, and Birth Year | | | Positions Held with the Trust | | | Term of Office(1)/Length of Time Served | | | Principal Occupation(s) During Past 5 Years | |
| Erik Nelson (1972) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Secretary | | | Since December 2019 | | | Chief Legal Officer, Allianz Investment Management LLC; Senior Counsel, Allianz Life Insurance Company of North America, 2008 to present. | |
| Monique Labbe (1973) 10 High Street #302 Boston, MA 02110 | | | Treasurer, Principal Accounting Officer and Principal Financial Officer | | | Since February 2020 | | | Senior Director, Foreside Fund Officer Services, LLC, September 2014 to present(2) | |
| Chris R. Pheiffer (1968) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Chief Compliance Officer(3) and Anti-Money Laundering Compliance Officer | | | Since February 2020 | | | Chief Compliance Officer of the VIP Trusts, 2014 to present | |
| Darin Egbert (1975) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Vice President | | | Since February 2020 | | | Vice President, Allianz Investment Management LLC, May 2020 to present; previously, Assistant Vice President, Allianz Investment Management LLC, February 2015 to May 2020 | |
| Michael Tanski (1970) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Vice President | | | Since February 2020 | | | Assistant Vice President, Allianz Investment Management LLC, 2013 to present | |
| Thomas Paustian (1979) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Vice President | | | Since February 2020 | | | Hedge Portfolio Manager and Senior Vice President, Allianz Investment Management LLC, June 2020 to present; previously, Hedge Portfolio Manager and Vice President, 2014 to May 2020 | |
| Blair Johnston (1978) 5701 Golden Hills Drive Minneapolis, MN 55416 | | | Vice President | | | Since February 2020 | | | Senior Vice President, Allianz Investment Management LLC, October 2016 to present; previously, Vice President, October 2012 to October 2016 | |
(1) | Indefinite. |
(2) | Ms. Labbe serves as an officer to other unaffiliated mutual funds or closed-end funds for which the Distributor (or its affiliates) acts as distributor (or provider of other services). |
(3) | The Adviser and the Trust are parties to a Compliance Services Agreement under which the Adviser provides an employee of the Adviser or one of its affiliates to act as the Trust’s Chief Compliance Officer. |
Item 2. | Code of Ethics. |
Item 3. | Audit Committee Financial Expert. |
Item 4. | Principal Accountant Fees and Services. |
(a) | Audit Fees |
(b) | Audit Related Fees |
(c) | Tax Fees |
(d) | All Other Fees |
(e)(1) | Pursuant to the Registrant’s Audit Committee Charter that has been adopted by the audit committee, the audit committee shall approve all audit and permissible non-audit services to be provided to the Registrant and all permissible non-audit services to be provided to its investment adviser or any entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Registrant if the engagement relates directly to the operations and financial reporting of the Registrant. The audit committee has delegated to its Chairman the approval of such services subject to reports to the full audit committee at its next subsequent meeting. |
(e)(2) | The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X, with respect to: Audit-Related Fees were 100%; Tax Fees were 100%; and Other Fees were 0%. |
(f) | Not applicable. |
(g) | The aggregate non-audit fees billed by the Registrant’s accountant for services rendered to the Registrant, and rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant were $0 for the fiscal year ended September 30, 2021 and $0 for the fiscal year ended September 30, 2020. |
(h) | The Registrant’s audit committee has considered whether the provision of non-audit services that were rendered to the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence. |
Item 5. | Audit Committee of Listed Registrants. |
Item 6. | Investments. |
(a) | A Schedule of Investments in securities of unaffiliated issuers as of the close of the Reporting Period is included as part of the report to shareholders filed under Item 1 of this Form N-CSR. |
(b) | Not applicable. |
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
Item 8. | Portfolio Managers of Closed-End Management Investment Companies. |
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |
Item 10. | Submission of Matters to a Vote of Security Holders. |
Item 11. | Controls and Procedures. |
(a) | The Registrant’s principal executive and financial officers have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective, as of a date within 90 days of the filing date of this Form N-CSR, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). |
(b) | There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant's second fiscal quarter of the period covered by this Form N-CSR, that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting. |
Item 12. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies. |
(Registrant) AIM ETF PRODUCTS TRUST | | | |
| | ||
By: (Signature and Title) | | | |
| | ||
/s/ Brian Muench | | | |
Brian Muench | | | |
Title: President (Principal Executive Officer) | | | |
Date: November 29, 2021 | | |
By: (Signature and Title) | | | |
| | ||
/s/ Brian Muench | | | |
Brian Muench | | | |
Title: President (Principal Executive Officer) | | | |
Date: November 29, 2021 | | | |
| | ||
By: (Signature and Title) | | | |
| | ||
/s/ Monique Labbe | | | |
Monique Labbe | | | |
Title: Treasurer (Principal Financial Officer) | | | |
Date: November 29, 2021 | |