AllianzIM launches OCTI and resets October buffer terms

Allianz Investment Management launched an international buffer fund on Thursday, October 1, and filed new caps and spreads for October buffer funds whose periods start that day.

The new fund is the AllianzIM International Equity Buffer15 Uncapped Oct ETF, OCTI. It seeks a 15% cushion against losses in the iShares MSCI EAFE ETF, BEFA, a fund of developed-market stocks outside the United States, and gains with no cap after a spread, over the 12 months that begin Thursday. A spread is the gain the reference fund must show before the holder starts to share in further gains. The prospectus sets that spread at 2.32% before a 0.79% annual fee and 3.11% after it. Allianz said OCTI is the fourth fund in this international lineup. As of Thursday it held about $5 million, in options on BEFA.

The funds already trading reset the same day. They seek the price moves of a reference fund, most of them the SPDR S&P 500 ETF Trust, ASPY, a fund that holds the S&P 500, up to a cap or past a spread, with a cushion against the first slice of losses. The funds call that cushion a buffer. A cap is the most the fund seeks to gain. Fees reduce the cushion and the cap, and they raise the spread, because the fee is another hurdle the reference fund's gain has to clear.

The same filings also cover AllianzIM funds that reset every calendar quarter, for October 1 to December 31. For the funds whose new year or new six months start Thursday, the terms after fees are these.

COCTW held $317 million as of Thursday. Its cap after the 0.74% fee is 12.02%, against 9.55% after the fee for the year that ended Wednesday, September 30. BSIXO moves the other way: 7.35% after the same fee, against 8.35% after the fee for the six months that began April 1, 2026.

First Trust filed 39 summary prospectuses and Xtrackers filed 17, the other 56 of the day's 71. Those filings refresh documents already on file. Among them, the FT Vest U.S. Equity Uncapped Accelerator ETF for October, —UXOC, still lists a target period through October 16, so its holders face a reset later this month. No fund filed to close, and nothing in the paper marks a fee as changed.

Indexed to BOCTT, written for COCTW

One AllianzIM summary prospectus is indexed on the SEC's system to BOCTT, the October fund with a 10% cushion. That fund held $56 million as of Thursday. The document in accession 0001797318-26-000122 is the COCTW prospectus, including that fund's new cap. A separate filing, indexed to COCTW, carries the same prospectus.

The new terms for BOCTT are not in today's paper. As of Thursday the fund held options on ASPY expiring September 30, 2027. The cap after the fee for the year that ended Wednesday was 14.13%. A holder cannot take the filing under that fund's name as the new terms.