About AIM ETF Products Trust AllianzIM U.S. Large Cap Buffer20 May ETF (MAYW)

AIM ETF Products Trust AllianzIM U.S. Large Cap Buffer20 May ETF, also known as MAYW, is an exchange-traded fund that aims to provide investors with exposure to the U.S. large-cap equity market while providing downside protection. The ETF is managed by Allianz Investment Management LLC, a subsidiary of Allianz Global Investors, and is part of the AllianzIM suite of buffer ETFs.

MAYW offers a buffer against the first 20% of losses in the portfolio's value over a one-year period, before fees and expenses. This means that if the underlying index, the SPDR S&P 500 ETF Trust (SPY), experiences a decline of up to 20%, investors in MAYW will be protected from those losses, up to a certain level. However, if the decline exceeds 20%, investors will experience a loss in proportion to the decline beyond the buffer level.