AllianzIM Expands Buffered ETF Suite With International Equity Strategy

Allianz Investment Management has launched the AllianzIM International Equity Buffer15 Uncapped Jul ETF (JULI), expanding its lineup of outcome-based buffered ETFs. The fund provides exposure to the iShares MSCI EAFE ETF (EFA) while seeking to buffer the first 15% of losses over a one-year outcome period. In exchange, investors receive uncapped upside participation above a defined spread rather than a return cap. JULI is designed for investors seeking international equity exposure with built-in downside protection during periods of heightened market uncertainty.