The exchange-traded fund (ETF) combines a 15% downside buffer with uncapped upside exposure and is listed on Cboe BZX Exchange.

Allianz Investment Management (Allianz IM), a subsidiary of Allianz Life Insurance Company of North America and a registered investment adviser firm, has added the AllianzIM International Equity Buffer15 Uncapped Oct ETF (OCTI) to its growing international buffered lineup. OCTI provides access to broad international equities through the iShares MSCI EAFE ETF (EFA) The launch extends the firm’s approach of combining a defined downside buffer with uncapped upside participation for invest