AllianzIM U.S. Equity Buffer20 Aug ETF (AUGW) is an exchange-traded fund in the Defined Outcome category. It has $133.69M in assets, an expense ratio of 0.74% and a 0.00% dividend yield. Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. Specifically, the adviser intends to invest substantially all of its assets in FLexible EXchange Options (“FLEX Options”) that reference the Underlying ETF. The fund is non-diversified.