AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF is an actively managed exchange-traded fund, a series of AIM ETF Products Trust, that seeks to provide investors with exposure to the price return of the SPDR S&P 500 ETF Trust while seeking to mitigate the first 15% of SPY losses over a defined one-year outcome period beginning and resetting annually in November. The fund principally invests in customized exchange-traded FLEX Options linked to SPY and cash or cash-equivalent collateral; its options strategy is structured to provide a 15% downside buffer, before fees and expenses, and uncapped upside participation subject to a predefined spread. Allianz Investment Management LLC serves as investment adviser and manages the portfolio through an options-based defined-outcome strategy. The ETF targets U.S. investors, financial advisers, wealth-management platforms and other market participants seeking equity-market exposure with predetermined downside-risk parameters. Formed on October 31, 2024, the U.S.-domiciled fund trades under the ticker NVBU on Cboe BZX Exchange and is offered within Allianz Investment Management’s Buffer15 Uncapped ETF lineup. Allianz Investment Management LLC is an affiliate of Allianz SE and operates from Minneapolis, Minnesota. Recent operational developments include the fund’s November annual outcome-period reset process and its continued inclusion in AllianzIM’s expanding defined-outcome ETF platform; the strategy continues to use SPY-linked FLEX Options and collateral to implement its buffered-loss and uncapped-upside investment objective.