AllianzIM U.S. Large Cap Buffer10 Jan ETF (JANT) is an actively managed exchange-traded fund that seeks to provide specific buffered losses and capped gains tied to the performance of the SPDR S&P 500 ETF Trust over a defined outcome period, typically one year; it achieves this objective by investing substantially all of its assets in FLEX Options referencing the underlying ETF and holding collateral, while buffering the first 10% of losses before fees and expenses. The fund, part of Allianz Investment Management LLC's (AllianzIM) broader suite of Buffered Outcome ETFs, targets investors seeking large-cap U.S. equity exposure with downside protection and upside participation up to a stated cap; it operates in the equity derivatives and structured products segment, with a focus on risk-managed strategies for retail and institutional investors in North America. Launched on December 31, 2020, JANT is managed by AllianzIM, a Minneapolis-based registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America.
In recent developments, AllianzIM announced on December 5, 2025, that JANT and 29 related Buffered Outcome ETFs will transfer their primary listing from NYSE Arca to Cboe BZX Exchange effective on or about December 22, 2025, alongside a name change to AllianzIM U.S. Equity Buffer10 Jan ETF, while preserving investment objectives, strategies, and management teams. This operational shift aims to enhance trading efficiency without impacting current shareholders; additionally, AllianzIM partnered with Halo Investing in November 2024 to distribute new Buffered Outcome ETFs through a dedicated technology platform for advisors, expanding access to these products. The firm continues to innovate in risk mitigation, with recent launches including quarterly reset Buffered ETFs and Buffer15 Uncapped ETFs to offer greater flexibility in outcome periods and allocation strategies.