AllianzIM U.S. Equity Buffer10 Jan ETF | JANT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Jan ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Jan ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$65,376
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.9%
Time deposits	0.1%
Options written	(3.8)%
Net other assets and liabilities	(0.2)%
Total	100.0%

An image of a QR code that, when scanned, navigates the user to the following URL: http://www.allianzim.com/regulatory-documents/

AllianzIM U.S. Equity Buffer10 Jan ETF

Semi-annual Shareholder Report - April 30, 2026

If you wish to view additional information about the Fund; including but not limited to the Fund’s prospectus, financial information, holdings, and proxy voting information, please visit www.allianzim.com/regulatory-documents/. You can also access this information by scanning the QR code above.

Phone: 877-429-3837 (877-4AZ-ETFS)

JANT 426

AllianzIM U.S. Equity Buffer10 Feb ETF | FEBT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Feb ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Feb ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$159,231
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	104.1%
Time deposits	0.1%
Options written	(4.1)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Feb ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

FEBT 426

AllianzIM U.S. Equity Buffer10 Mar ETF | MART | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Mar ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Mar ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$29,646
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	104.8%
Time deposits	0.2%
Options written	(4.8)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Mar ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

MART 426

AllianzIM U.S. Equity Buffer10 Apr ETF | APRT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Apr ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Apr ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$47,156
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	107.2%
Options written	(7.0)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Apr ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

APRT 426

AllianzIM U.S. Equity Buffer10 May ETF | MAYT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 May ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 May ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$120,542
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	105.2%
Time deposits	0.1%
Options written	(4.9)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 May ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

MAYT 426

AllianzIM U.S. Equity Buffer10 Jun ETF | JUNT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Jun ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Jun ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$19,770
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	106.3%
Time deposits	0.7%
Options written	(6.3)%
Net other assets and liabilities	(0.7)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Jun ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JUNT 426

AllianzIM U.S. Equity Buffer10 Jul ETF | JULT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Jul ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Jul ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$79,363
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.6%
Time deposits	0.5%
Options written	(3.4)%
Net other assets and liabilities	(0.7)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Jul ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JULT 426

AllianzIM U.S. Equity Buffer10 Aug ETF | AUGT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Aug ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Aug ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$35,232
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.3%
Time deposits	0.4%
Options written	(3.1)%
Net other assets and liabilities	(0.6)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Aug ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

AUGT 426

AllianzIM U.S. Equity Buffer10 Sep ETF | SEPT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Sep ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Sep ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$105,107
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.4%
Time deposits	0.3%
Options written	(3.3)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Sep ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SEPT 426

AllianzIM U.S. Equity Buffer10 Oct ETF | OCTT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Oct ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Oct ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$58,898
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.7%
Time deposits	0.3%
Options written	(2.6)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Oct ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

OCTT 426

AllianzIM U.S. Equity Buffer10 Nov ETF | NVBT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Nov ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Nov ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$32,651
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.4%
Time deposits	0.2%
Options written	(2.3)%
Net other assets and liabilities	(0.3)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Nov ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

NVBT 426

AllianzIM U.S. Equity Buffer10 Dec ETF | DECT | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer10 Dec ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer10 Dec ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$121,116
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.0%
Time deposits	0.2%
Options written	(2.9)%
Net other assets and liabilities	(0.3)%
Total	100.0%

AllianzIM U.S. Equity Buffer10 Dec ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

DECT 426

AllianzIM U.S. Equity Buffer20 Jan ETF | JANW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Jan ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Jan ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$341,373
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	105.0%
Time deposits	0.2%
Options written	(5.0)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Jan ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JANW 426

AllianzIM U.S. Equity Buffer20 Feb ETF | FEBW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Feb ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Feb ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$194,070
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	104.9%
Time deposits	0.1%
Options written	(4.9)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Feb ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

FEBW 426

AllianzIM U.S. Equity Buffer20 Mar ETF | MARW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Mar ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Mar ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$84,368
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	106.0%
Time deposits	0.1%
Options written	(6.0)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Mar ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

MARW 426

AllianzIM U.S. Equity Buffer20 Apr ETF | APRW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Apr ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Apr ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$194,147
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	109.4%
Time deposits	0.0%^{Footnote Reference*}
Options written	(9.3)%
Net other assets and liabilities	(0.1)%
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM U.S. Equity Buffer20 Apr ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

APRW 426

AllianzIM U.S. Equity Buffer20 May ETF | MAYW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 May ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 May ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$205,291
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	105.1%
Time deposits	0.2%
Options written	(4.9)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 May ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

MAYW 426

AllianzIM U.S. Equity Buffer20 Jun ETF | JUNW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Jun ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Jun ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$59,938
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	110.6%
Time deposits	0.6%
Options written	(10.5)%
Net other assets and liabilities	(0.7)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Jun ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JUNW 426

AllianzIM U.S. Equity Buffer20 Jul ETF | JULW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Jul ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Jul ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$315,840
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	106.9%
Time deposits	0.5%
Options written	(6.9)%
Net other assets and liabilities	(0.5)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Jul ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JULW 426

AllianzIM U.S. Equity Buffer20 Aug ETF | AUGW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Aug ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Aug ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$138,021
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	105.9%
Time deposits	0.6%
Options written	(5.9)%
Net other assets and liabilities	(0.6)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Aug ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

AUGW 426

AllianzIM U.S. Equity Buffer20 Sep ETF | SEPW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Sep ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Sep ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$213,319
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	105.6%
Time deposits	0.5%
Options written	(5.6)%
Net other assets and liabilities	(0.5)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Sep ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SEPW 426

AllianzIM U.S. Equity Buffer20 Oct ETF | OCTW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Oct ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Oct ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$564,359
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	104.2%
Time deposits	0.3%
Options written	(4.1)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Oct ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

OCTW 426

AllianzIM U.S. Equity Buffer20 Nov ETF | NVBW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Nov ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Nov ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$98,567
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.2%
Time deposits	0.3%
Options written	(3.2)%
Net other assets and liabilities	(0.3)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Nov ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

NVBW 426

AllianzIM U.S. Equity Buffer20 Dec ETF | DECW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer20 Dec ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer20 Dec ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$231,702
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	104.0%
Time deposits	0.2%
Options written	(3.9)%
Net other assets and liabilities	(0.3)%
Total	100.0%

AllianzIM U.S. Equity Buffer20 Dec ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

DECW 426

AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF | JANU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$86,154
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.4%
Time deposits	0.2%
Options written	(1.4)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JANU 426

AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | FEBU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$50,416
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.7%
Time deposits	0.1%
Options written	(1.6)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

FEBU 426

AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF | MARU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$31,633
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.7%
Time deposits	0.1%
Options written	(1.7)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

MARU 426

AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF | ARLU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$52,540
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.6%
Time deposits	0.0%^{Footnote Reference*}
Options written	(1.5)%
Net other assets and liabilities	(0.1)%
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

ARLU 426

AllianzIM U.S. Equity Buffer15 Uncapped May ETF | MAYU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped May ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped May ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$29,750
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.6%
Time deposits	0.6%
Options written	(2.6)%
Net other assets and liabilities	(0.6)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped May ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

MAYU 426

AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF | JNEU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$30,165
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.2%
Time deposits	0.4%
Options written	0.0%^{Footnote Reference*}
Net other assets and liabilities	(0.6)%
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JNEU 426

AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF | JULU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$78,773
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.2%
Time deposits	0.7%
Options written	(0.1)%
Net other assets and liabilities	(0.8)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JULU 426

AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF | AUGU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$42,864
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.2%
Time deposits	0.5%
Options written	(0.2)%
Net other assets and liabilities	(0.5)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

AUGU 426

AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF | SEPU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$137,554
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.5%
Time deposits	0.4%
Options written	(0.4)%
Net other assets and liabilities	(0.5)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SEPU 426

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF | OCTU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$63,441
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.7%
Time deposits	0.4%
Options written	(0.7)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

OCTU 426

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF | NVBU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$35,213
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.0%
Time deposits	0.4%
Options written	(1.0)%
Net other assets and liabilities	(0.4)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

NVBU 426

AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF | DECU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$117,092
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.2%
Time deposits	0.7%
Options written	(1.1)%
Net other assets and liabilities	(0.8)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

DECU 426

AllianzIM International Equity Buffer15 Uncapped Jan ETF | JANI | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM International Equity Buffer15 Uncapped Jan ETF (the “Fund”) for the period of January 30, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is January 30, 2026. Shares of JANI were listed on the Cboe BZX Exchange, Inc. on February 2, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM International Equity Buffer15 Uncapped Jan ETF	$19^{Footnote Reference**}	0.79%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$13,210
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.9%
Time deposits	0.1%
Options written	(1.9)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM International Equity Buffer15 Uncapped Jan ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

JANI 426

AllianzIM International Equity Buffer15 Uncapped Apr ETF | ARLI | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM International Equity Buffer15 Uncapped Apr ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of ARLI were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM International Equity Buffer15 Uncapped Apr ETF	$6^{Footnote Reference**}	0.79%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$5,751
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.3%
Time deposits	0.0%^{Footnote Reference*}
Options written	(2.2)%
Net other assets and liabilities	(0.1)%
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM International Equity Buffer15 Uncapped Apr ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

ARLI 426

AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF | SIXJ | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$152,829
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	101.8%
Time deposits	0.6%
Options written	(2.1)%
Net other assets and liabilities	(0.3)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SIXJ 426

AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF | SIXF | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$49,010
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.0%
Time deposits	0.5%
Options written	(2.3)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SIXF 426

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF | SIXP | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$49,480
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.2%
Time deposits	0.4%
Options written	(3.5)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Buffer10 Mar/Sep ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SIXP 426

AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF | SIXO | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$301,960
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	106.9%
Time deposits	0.6%
Options written	(7.3)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SIXO 426

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF | SIXZ | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$56,155
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	103.2%
Time deposits	0.6%
Options written	(3.6)%
Net other assets and liabilities	(0.2)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SIXZ 426

AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | SIXD | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$32,329
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.2%
Time deposits	0.7%
Options written	(0.6)%
Net other assets and liabilities	(0.3)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SIXD 426

AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF | FLJJ | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$22,276
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.1%
Time deposits	0.3%
Options written	(2.3)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

FLJJ 426

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF | FLAO | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF	$37	0.74%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$8,371
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	108.2%
Time deposits	0.3%
Options written	(8.4)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

FLAO 426

AllianzIM U.S. Equity Buffer5 ETF | QBSV | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer5 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBSV were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer5 ETF	$5^{Footnote Reference**}	0.64%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$7,200
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	105.4%
Time deposits	0.4%
Options written	(5.8)%
Net other assets and liabilities	0.0%^{Footnote Reference*}
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM U.S. Equity Buffer5 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBSV 426

AllianzIM U.S. Equity Buffer15 ETF | QBSF | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer15 ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer15 ETF	$32	0.64%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$33,346
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	108.0%
Time deposits	0.6%
Options written	(8.5)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Equity Buffer15 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBSF 426

AllianzIM U.S. Equity Buffer100 Protection ETF | AIOO | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Equity Buffer100 Protection ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Equity Buffer100 Protection ETF	$32	0.64%

Footnote	Description
Footnote^*	Annualized.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$36,426
# of Portfolio Holdings	3
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	108.7%
Time deposits	0.8%
Options written	(9.5)%
Net other assets and liabilities	0.0%^{Footnote Reference*}
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM U.S. Equity Buffer100 Protection ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

AIOO 426

AllianzIM Growth-100 Buffer5 ETF | QBQV | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM Growth-100 Buffer5 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBQV were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM Growth-100 Buffer5 ETF	$6^{Footnote Reference**}	0.74%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$6,640
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	108.3%
Time deposits	0.1%
Options written	(9.2)%
Net other assets and liabilities	0.8%
Total	100.0%

AllianzIM Growth-100 Buffer5 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBQV 426

AllianzIM Growth-100 Buffer15 ETF | QBQF | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM Growth-100 Buffer15 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBQF were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM Growth-100 Buffer15 ETF	$6^{Footnote Reference**}	0.74%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$5,780
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	112.9%
Time deposits	0.2%
Options written	(13.0)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM Growth-100 Buffer15 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBQF 426

AllianzIM U.S. Small Cap Buffer5 ETF | QBKV | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Small Cap Buffer5 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBKV were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Small Cap Buffer5 ETF	$6^{Footnote Reference**}	0.74%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$6,016
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	104.7%
Time deposits	0.6%
Options written	(5.2)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Small Cap Buffer5 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBKV 426

AllianzIM U.S. Small Cap Buffer15 ETF | QBKF | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM U.S. Small Cap Buffer15 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBKF were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM U.S. Small Cap Buffer15 ETF	$6^{Footnote Reference**}	0.74%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$5,794
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	108.7%
Time deposits	0.6%
Options written	(9.2)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM U.S. Small Cap Buffer15 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBKF 426

AllianzIM International Equity Buffer5 ETF | QBIV | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM International Equity Buffer5 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBIV were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM International Equity Buffer5 ETF	$6^{Footnote Reference**}	0.74%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$5,857
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	100.5%
Time deposits	0.5%
Options written	(1.1)%
Net other assets and liabilities	0.1%
Total	100.0%

AllianzIM International Equity Buffer5 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBIV 426

AllianzIM International Equity Buffer15 ETF | QBIF | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM International Equity Buffer15 ETF (the “Fund”) for the period of March 31, 2026^{Footnote
Reference*} to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

Footnote	Description
Footnote^*	The inception date is March 31, 2026. Shares of QBIF were listed on the Cboe BZX Exchange, Inc. on April 1, 2026.

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}
AllianzIM International Equity Buffer15 ETF	$6^{Footnote Reference**}	0.74%

Footnote	Description
Footnote^*	Annualized.
Footnote^**	Represents a period less than 6 months, had the Fund existed for the full 6-month reporting period, costs would have been higher.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$5,739
# of Portfolio Holdings	4
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Options purchased	102.5%
Time deposits	0.7%
Options written	(3.1)%
Net other assets and liabilities	(0.1)%
Total	100.0%

AllianzIM International Equity Buffer15 ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

QBIF 426

AllianzIM Buffer20 Allocation ETF | SPBW | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM Buffer20 Allocation ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment^{Footnote Reference1}	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}^{Footnote Reference1}
AllianzIM Buffer20 Allocation ETF	$2	0.05%

Footnote	Description
Footnote^*	Annualized.
Footnote¹	Reflects applicable fee waivers.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$70,582
# of Portfolio Holdings	12
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Affiliated Exchange-Traded Funds	100.0%
Time deposits	0.0%^{Footnote Reference*}
Net other assets and liabilities	0.0%^{Footnote Reference*}
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM Buffer20 Allocation ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SPBW 426

AllianzIM Buffer15 Uncapped Allocation ETF | SPBU | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM Buffer15 Uncapped Allocation ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment^{Footnote Reference1}	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}^{Footnote Reference1}
AllianzIM Buffer15 Uncapped Allocation ETF	$2	0.05%

Footnote	Description
Footnote^*	Annualized.
Footnote¹	Reflects applicable fee waivers.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$150,559
# of Portfolio Holdings	12
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Affiliated Exchange-Traded Funds	100.0%
Time deposits	0.0%^{Footnote Reference*}
Net other assets and liabilities	0.0%^{Footnote Reference*}
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM Buffer15 Uncapped Allocation ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SPBU 426

AllianzIM 6 Month Buffer10 Allocation ETF | SPBX | Cboe BZX Exchange

Semi-annual Shareholder Report - April 30, 2026

This semi-annual shareholder report contains important information about AllianzIM 6 Month Buffer10 Allocation ETF (the “Fund”) for the period of November 1, 2025 to April 30, 2026. You can find additional information about the Fund at www.allianzim.com/regulatory-documents/. You can also request this information by contacting us at 877-429-3837 (877-4AZ-ETFS).

What were the Fund costs for the last 6 months?

(based on hypothetical $10,000 investment)

Table Summary
Fund Name	Cost of a $10,000 Investment^{Footnote Reference1}	Cost Paid as a percentage of a $10,000 Investment^{Footnote Reference*}^{Footnote Reference1}
AllianzIM 6 Month Buffer10 Allocation ETF	$2	0.05%

Footnote	Description
Footnote^*	Annualized.
Footnote¹	Reflects applicable fee waivers.

Key Fund Statistics

Table Summary
Total Net Assets (000s)	$53,367
# of Portfolio Holdings	6
Portfolio Turnover Rate (not annualized for periods less than one year and does not include derivative holdings)	-

What did the Fund invest in?

Portfolio Composition (as a percentage of net assets)

Table Summary
Affiliated Exchange-Traded Funds	100.0%
Time deposits	0.0%^{Footnote Reference*}
Net other assets and liabilities	0.0%^{Footnote Reference*}
Total	100.0%

Footnote	Description
Footnote^*	Rounds to less than 0.05%.

AllianzIM 6 Month Buffer10 Allocation ETF

Semi-annual Shareholder Report - April 30, 2026

Phone: 877-429-3837 (877-4AZ-ETFS)

SPBX 426

Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.


				Page
	Financial Statements (Form N-CSR Item 7) (unaudited):
	Schedules of Investments and Written Options			1
	Statements of Assets and Liabilities			59
	Statements of Operations			74
	Statements of Changes in Net Assets.			89
	Financial Highlights			116
	Notes to Financial Statements			154
	Other Information (Form N-CSR Items 8-10) (unaudited):
	Item 8. Changes in and Disagreements with Accountants			195
	Item 9. Proxy Disclosures			195
	Item 10. Remuneration Paid to Directors, Officers, and Others.			195
	Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract			196


	Expiration Date	Exercise Price	Contracts^(a)	Notional Amount	Value
OPTION PURCHASED - CALLS^(b)(c) – 100.4%
Options on ETF – 100.4%
SPDR S&P 500 ETF Trust	December 2026	$5.05	927	$468,135	$65,666,455
Total Options Purchased - Calls (Cost $62,279,859)				468,135	65,666,455
OPTION PURCHASED - PUTS^(b)(c) – 3.5%
Options on ETF – 3.5%
SPDR S&P 500 ETF Trust	December 2026	681.85	927	63,207,495	2,265,245
Total Options Purchased - Puts (Cost $3,486,734)				63,207,495	2,265,245


	Principal
SHORT-TERM INVESTMENTS – 0.1%
Time Deposits – 0.1%
Citibank, New York, 2.980%, 5/01/26^(d)	$92,788	92,788
Total Short-Term Investments (Cost $92,788)		92,788
Total Investments – 104.0% (Cost $65,859,381)		68,024,488
Other assets less liabilities – (4.0)%		(2,648,500)
Net Assets – 100.0%		$65,375,988


Description	Expiration Date	Exercise Price	Contracts^(a)	Premiums Received	Notional Amount	Value
SPDR S&P 500 ETF Trust	December 2026	$788.30	927	$924,010	$73,075,410	$(1,268,099)
				$924,010	$73,075,410	$(1,268,099)

(a)			Each contract equals 100 shares.
(b)			Non-income producing.
(c)			Held in connection with a written option, see Schedule of Written Options for more detail.
(d)			Time deposits bear interest at a variable rate that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution of interest rates on the deposits. The rate shown is as of April 30, 2026.


	Principal
SHORT-TERM INVESTMENTS – 0.2%
Time Deposits – 0.2%
Canadian Imperial Bank of Commerce, Toronto, 2.980%, 5/01/26^(d)	$45,171	45,171
Total Short-Term Investments (Cost $45,171)		45,171
Total Investments – 105.0% (Cost $30,204,062)		31,105,204
Other assets less liabilities – (5.0)%		(1,459,505)
Net Assets – 100.0%		$29,645,699


	Principal
SHORT-TERM INVESTMENTS – 0.7%
Time Deposits – 0.7%
Sumitomo Mitsui Trust Bank Ltd., London, 2.980%, 5/01/26^(d)	$143,497	143,497
Total Short-Term Investments (Cost $143,497)		143,497
Total Investments – 107.0% (Cost $18,281,483)		21,153,889
Other assets less liabilities – (7.0)%		(1,384,339)
Net Assets – 100.0%		$19,769,550


	Principal
SHORT-TERM INVESTMENTS – 0.5%
Time Deposits – 0.5%
Sumitomo Mitsui Trust Bank Ltd., London, 2.980%, 5/01/26^(d)	$383,337	383,337
Total Short-Term Investments (Cost $383,337)		383,337
Total Investments – 104.1% (Cost $74,071,185)		82,627,064
Other assets less liabilities – (4.1)%		(3,264,538)
Net Assets – 100.0%		$79,362,526


	Principal
SHORT-TERM INVESTMENTS – 0.4%
Time Deposits – 0.4%
DBS Bank Ltd., Singapore, 2.980%, 5/01/26^(d)	$156,390	156,390
Total Short-Term Investments (Cost $156,390)		156,390
Total Investments – 103.7% (Cost $33,341,145)		36,535,719
Other assets less liabilities – (3.7)%		(1,304,047)
Net Assets – 100.0%		$35,231,672


	Principal
SHORT-TERM INVESTMENTS – 0.3%
Time Deposits – 0.3%
Sumitomo Corporation, Tokyo, 2.980%, 5/01/26^(d)	$360,364	360,364
Total Short-Term Investments (Cost $360,364)		360,364
Total Investments – 103.7% (Cost $100,769,145)		108,994,915
Other assets less liabilities – (3.7)%		(3,888,283)
Net Assets – 100.0%		$105,106,632


	Principal
SHORT-TERM INVESTMENTS – 0.0%^*
Time Deposits – 0.0%^*
Citibank, New York, 2.980%, 5/01/26^(d)	$13,784	13,784
Total Short-Term Investments (Cost $13,784)		13,784
Total Investments – 109.4% (Cost $199,196,796)		212,427,965
Other assets less liabilities – (9.4)%		(18,280,855)
Net Assets – 100.0%		$194,147,110


	Principal
SHORT-TERM INVESTMENTS – 0.6%
Time Deposits – 0.6%
Citibank, New York, 2.980%, 5/01/26^(d)	$350,777	350,777
Total Short-Term Investments (Cost $350,777)		350,777
Total Investments – 111.2% (Cost $57,538,177)		66,663,829
Other assets less liabilities – (11.2)%		(6,725,639)
Net Assets – 100.0%		$59,938,190


	Principal
SHORT-TERM INVESTMENTS – 0.8%
Time Deposits – 0.8%
Sumitomo Mitsui Trust Bank Ltd., London, 2.980%, 5/01/26^(d)	$295,473	295,473
Total Short-Term Investments (Cost $295,473)		295,473
Total Investments – 109.5% (Cost $37,413,330)		39,887,635
Other assets less liabilities – (9.5)%		(3,462,070)
Net Assets – 100.0%		$36,425,565


	Shares	Value
AFFILIATED EXCHANGE-TRADED FUNDS – 100.0%^(a)(b)
AllianzIM U.S. Equity Buffer20 Dec ETF	169,791	$5,944,382
AllianzIM U.S. Equity Buffer20 Jul ETF	146,958	5,910,739
AllianzIM U.S. Equity Buffer20 Mar ETF	166,257	5,902,124
AllianzIM U.S. Equity Buffer20 Aug ETF	176,494	5,900,194
AllianzIM U.S. Equity Buffer20 Feb ETF	168,375	5,881,339
AllianzIM U.S. Equity Buffer20 Sep ETF	179,239	5,880,832
AllianzIM U.S. Equity Buffer20 Jan ETF	154,523	5,878,781
AllianzIM U.S. Equity Buffer20 Oct ETF	146,194	5,874,075
AllianzIM U.S. Equity Buffer20 Nov ETF	168,283	5,873,178
AllianzIM U.S. Equity Buffer20 Jun ETF	171,457	5,870,688
AllianzIM U.S. Equity Buffer20 Apr ETF	160,262	5,870,397
AllianzIM U.S. Equity Buffer20 May ETF	169,162	5,789,569
Total Affiliated Exchange-Traded Funds (Cost $65,321,209)		70,576,298

*			Rounds to less than 0.05%.
(a)			Affiliated investment.
(b)			Non-income producing.
(c)			Time deposits bear interest at a variable rate that is based on a variety of factors, including but not limited to relevant overnight and short-term reference rates, the range of distribution between and among the interest rates paid by each eligible institution on their respective deposits, and the weighted average distribution of interest rates on the deposits. The rate shown is as of April 30, 2026.


	AllianzIM International Equity Buffer15 Uncapped Jan ETF	AllianzIM International Equity Buffer15 Uncapped Apr ETF	AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF	AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF
ASSETS
Investments, at value	$13,480,167	$5,882,439	$156,373,088	$50,234,619
TOTAL ASSETS	13,480,167	5,882,439	156,373,088	50,234,619
LIABILITIES
Due to custodian	—	17	—	—
Payables:
Options contracts written, at value	248,009	127,484	3,181,903	1,141,716
Management fees	22,081	3,550	361,899	83,000
TOTAL LIABILITIES	270,090	131,051	3,543,802	1,224,716
NET ASSETS	$13,210,077	$5,751,388	$152,829,286	$49,009,903
COMPONENTS OF NET ASSETS
Paid-in capital	$13,200,380	$5,645,910	$155,417,106	$48,370,858
Total distributable earnings (accumulated loss)	9,697	105,478	(2,587,820)	639,045
NET ASSETS	$13,210,077	$5,751,388	$152,829,286	$49,009,903
NET ASSET VALUE PER SHARE
Net Asset Value	$25.16	$25.56	$35.54	$33.23
Shares of beneficial interest outstanding (unlimited number of Shares authorized, no par value)	525,000	225,000	4,300,000	1,475,000
COST OF INVESTMENTS
Investments, at cost	$13,437,985	$5,811,718	$152,143,322	$49,307,269
Premiums received	$237,519	$165,411	$4,755,896	$1,669,716


	AllianzIM U.S. Equity Buffer10 Jan ETF	AllianzIM U.S. Equity Buffer10 Feb ETF	AllianzIM U.S. Equity Buffer10 Mar ETF	AllianzIM U.S. Equity Buffer10 Apr ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$5,364	$4,205	$1,507	$2,740
Total Investment Income	5,364	4,205	1,507	2,740
EXPENSES:
Management fees	223,909	368,902	99,277	155,040
Interest expense	56	—	78	164
Total Expenses	223,965	368,902	99,355	155,204
NET INVESTMENT INCOME (LOSS)	(218,601)	(364,697)	(97,848)	(152,464)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	8,984,518	24,402,442	4,492,206	7,798,465
Option contracts purchased	(2,116,221)	(6,362,485)	(1,186,224)	(2,523,210)
Option contracts written	15,014	(667)	187,741	261,106
Net realized gain (loss)	6,883,311	18,039,290	3,493,723	5,536,361
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	(3,505,705)	(9,056,197)	(1,750,921)	(3,481,712)
Options contracts written	586,425	(1,116,465)	373,587	1,881,445
Net change in unrealized appreciation (depreciation)	(2,919,280)	(10,172,662)	(1,377,334)	(1,600,267)
NET REALIZED AND UNREALIZED GAIN (LOSS)	3,964,031	7,866,628	2,116,389	3,936,094
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$3,745,430	$7,501,931	$2,018,541	$3,783,630


	AllianzIM U.S. Equity Buffer10 May ETF	AllianzIM U.S. Equity Buffer10 Jun ETF	AllianzIM U.S. Equity Buffer10 Jul ETF	AllianzIM U.S. Equity Buffer10 Aug ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$1,466	$1,390	$4,065	$1,658
Total Investment Income	1,466	1,390	4,065	1,658
EXPENSES:
Management fees	66,088	73,726	295,956	129,031
Interest expense	43	—	—	—
Total Expenses	66,131	73,726	295,956	129,031
NET INVESTMENT INCOME (LOSS)	(64,665)	(72,336)	(291,891)	(127,373)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	4,721,783	285,635	690,184	222,134
Option contracts purchased	(354,255)	950	49,461	7,680
Option contracts written	(1,505,661)	1,190	(20,869)	(229)
Net realized gain (loss)	2,861,867	287,775	718,776	229,585
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	(3,045,074)	497,602	2,010,140	895,309
Options contracts written	1,000,744	307,283	1,786,942	814,967
Net change in unrealized appreciation (depreciation)	(2,044,330)	804,885	3,797,082	1,710,276
NET REALIZED AND UNREALIZED GAIN (LOSS)	817,537	1,092,660	4,515,858	1,939,861
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$752,872	$1,020,324	$4,223,967	$1,812,488


	AllianzIM U.S. Equity Buffer10 Sep ETF	AllianzIM U.S. Equity Buffer10 Oct ETF	AllianzIM U.S. Equity Buffer10 Nov ETF	AllianzIM U.S. Equity Buffer10 Dec ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$3,394	$1,656	$781	$4,214
Total Investment Income	3,394	1,656	781	4,214
EXPENSES:
Management fees	372,242	223,188	107,217	432,964
Interest expense	—	—	16	—
Total Expenses	372,242	223,188	107,233	432,964
NET INVESTMENT INCOME (LOSS)	(368,848)	(221,532)	(106,452)	(428,750)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	74,694	261,193	—	14,690,348
Option contracts purchased	(1,092)	(41,345)	(97)	(4,221,119)
Option contracts written	(2,262)	3,925	584	622,630
Net realized gain (loss)	71,340	223,773	487	11,091,859
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	3,110,061	1,480,664	999,799	(5,547,323)
Options contracts written	2,346,352	1,429,578	810,953	(43,106)
Net change in unrealized appreciation (depreciation)	5,456,413	2,910,242	1,810,752	(5,590,429)
NET REALIZED AND UNREALIZED GAIN (LOSS)	5,527,753	3,134,015	1,811,239	5,501,430
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$5,158,905	$2,912,483	$1,704,787	$5,072,680


	AllianzIM U.S. Equity Buffer20 Jan ETF	AllianzIM U.S. Equity Buffer20 Feb ETF	AllianzIM U.S. Equity Buffer20 Mar ETF	AllianzIM U.S. Equity Buffer20 Apr ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$19,269	$5,334	$4,667	$11,951
Total Investment Income	19,269	5,334	4,667	11,951
EXPENSES:
Management fees	1,156,697	400,351	264,062	634,656
Interest expense	—	2	—	5
Total Expenses	1,156,697	400,353	264,062	634,661
NET INVESTMENT INCOME (LOSS)	(1,137,428)	(395,019)	(259,395)	(622,710)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	47,843,124	14,191,299	11,346,124	30,250,325
Option contracts purchased	(11,829,695)	(2,263,546)	(3,451,874)	(10,022,843)
Option contracts written	(8,062,001)	(1,836,581)	(1,607,362)	(3,769,511)
Net realized gain (loss)	27,951,428	10,091,172	6,286,888	16,457,971
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	(21,182,722)	(6,694,668)	(4,419,349)	(14,688,544)
Options contracts written	7,989,071	2,347,826	2,118,150	9,794,428
Net change in unrealized appreciation (depreciation)	(13,193,651)	(4,346,842)	(2,301,199)	(4,894,116)
NET REALIZED AND UNREALIZED GAIN (LOSS)	14,757,777	5,744,330	3,985,689	11,563,855
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$13,620,349	$5,349,311	$3,726,294	$10,941,145


	AllianzIM U.S. Equity Buffer20 May ETF	AllianzIM U.S. Equity Buffer20 Jun ETF	AllianzIM U.S. Equity Buffer20 Jul ETF	AllianzIM U.S. Equity Buffer20 Aug ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$5,011	$3,898	$16,810	$6,906
Total Investment Income	5,011	3,898	16,810	6,906
EXPENSES:
Management fees	248,689	227,799	1,114,568	529,466
Interest expense	35	—	—	—
Total Expenses	248,724	227,799	1,114,568	529,466
NET INVESTMENT INCOME (LOSS)	(243,713)	(223,901)	(1,097,758)	(522,560)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	17,503,975	583,023	736,057	1,014,752
Option contracts purchased	(1,426,963)	20,575	90,581	24,222
Option contracts written	(8,601,368)	(10,238)	(52,386)	(40,512)
Net realized gain (loss)	7,475,644	593,360	774,252	998,462
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	(11,449,115)	1,742,418	10,387,723	3,291,319
Options contracts written	6,405,461	242,706	2,350,631	1,891,042
Net change in unrealized appreciation (depreciation)	(5,043,654)	1,985,124	12,738,354	5,182,361
NET REALIZED AND UNREALIZED GAIN (LOSS)	2,431,990	2,578,484	13,512,606	6,180,823
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$2,188,277	$2,354,583	$12,414,848	$5,658,263


	AllianzIM U.S. Equity Buffer20 Sep ETF	AllianzIM U.S. Equity Buffer20 Oct ETF	AllianzIM U.S. Equity Buffer20 Nov ETF	AllianzIM U.S. Equity Buffer20 Dec ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$10,707	$14,967	$2,308	$11,302
Total Investment Income	10,707	14,967	2,308	11,302
EXPENSES:
Management fees	1,024,858	1,970,359	336,734	817,934
Total Expenses	1,024,858	1,970,359	336,734	817,934
NET INVESTMENT INCOME (LOSS)	(1,014,151)	(1,955,392)	(334,426)	(806,632)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	6,366,889	342,039	126,667	42,918,630
Option contracts purchased	(7,393)	(92,241)	(3,952)	(7,207,334)
Option contracts written	(32,328)	(5,959)	(450)	(759,673)
Net realized gain (loss)	6,327,168	243,839	122,265	34,951,623
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	1,056,441	18,317,631	2,751,042	(26,551,651)
Options contracts written	4,320,234	6,223,459	1,450,590	2,435,726
Net change in unrealized appreciation (depreciation)	5,376,675	24,541,090	4,201,632	(24,115,925)
NET REALIZED AND UNREALIZED GAIN (LOSS)	11,703,843	24,784,929	4,323,897	10,835,698
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$10,689,692	$22,829,537	$3,989,471	$10,029,066


	AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF	AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF	AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF
	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$3,386	$2,619	$1,024	$2,651
Total Investment Income	3,386	2,619	1,024	2,651
EXPENSES:
Management fees	291,392	172,433	98,387	181,732
Interest expense	300	—	202	273
Total Expenses	291,692	172,433	98,589	182,005
NET INVESTMENT INCOME (LOSS)	(288,306)	(169,814)	(97,565)	(179,354)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	12,972,012	6,868,942	3,875,118	7,056,955
Option contracts purchased	(4,166,673)	(1,639,532)	(1,451,218)	(3,465,522)
Option contracts written	299	8,658	59	191
Net realized gain (loss)	8,805,638	5,238,068	2,423,959	3,591,624
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	(4,886,035)	(2,675,490)	(1,363,703)	(3,557,114)
Options contracts written	(329,141)	(215,714)	(62,010)	31,223
Net change in unrealized appreciation (depreciation)	(5,215,176)	(2,891,204)	(1,425,713)	(3,525,891)
NET REALIZED AND UNREALIZED GAIN (LOSS)	3,590,462	2,346,864	998,246	65,733
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$3,302,156	$2,177,050	$900,681	$(113,621)


	AllianzIM International Equity Buffer15 Uncapped Jan ETF	AllianzIM International Equity Buffer15 Uncapped Apr ETF	AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF	AllianzIM U.S. Equity 6 Month Buffer10 Feb/Aug ETF
	For the Period Ended April 30, 2026*	For the Period Ended April 30, 2026**	For the Six Months Ended April 30, 2026	For the Six Months Ended April 30, 2026
INVESTMENT INCOME:
Interest income	$86	$2	$13,654	$3,925
Total Investment Income	86	2	13,654	3,925
EXPENSES:
Management fees	22,081	3,549	540,463	164,083
Interest expense	—	17	—	—
Total Expenses	22,081	3,566	540,463	164,083
NET INVESTMENT INCOME (LOSS)	(21,995)	(3,564)	(526,809)	(160,158)
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS:
Net realized gain (loss) on:
Redemptions In-Kind	—	—	15,610,673	4,220,222
Option contracts purchased	—	136	(5,781,672)	(482,896)
Option contracts written	—	258	(1,674,208)	(311,143)
Net realized gain (loss)	—	394	8,154,793	3,426,183
Net change in unrealized appreciation (depreciation) on:
Options contracts purchased	42,182	70,721	(4,150,887)	(2,127,869)
Options contracts written	(10,490)	37,927	4,641,355	1,685,980
Net change in unrealized appreciation (depreciation)	31,692	108,648	490,468	(441,889)
NET REALIZED AND UNREALIZED GAIN (LOSS)	31,692	109,042	8,645,261	2,984,294
INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$9,697	$105,478	$8,118,452	$2,824,136


	AllianzIM U.S. Equity Buffer10 Jan ETF		AllianzIM U.S. Equity Buffer10 Feb ETF
	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025
OPERATIONS:
Net investment income (loss)	$(218,601)	$(857,974)	$(364,697)	$(498,290)
Net realized gain (loss)	6,883,311	12,504,780	18,039,290	3,765,509
Net change in unrealized appreciation (depreciation)	(2,919,280)	3,263,428	(10,172,662)	11,343,416
Net increase (decrease) in net assets resulting from operations	3,745,430	14,910,234	7,501,931	14,610,635
CAPITAL TRANSACTIONS:
Proceeds from Shares issued	65,439,250	161,383,002	159,945,224	96,800,617
Cost of Shares redeemed	(56,124,953)	(168,845,080)	(110,302,195)	(34,865,977)
Net increase (decrease) in net assets from capital transactions	9,314,297	(7,462,078)	49,643,029	61,934,640
Total increase (decrease) in net assets	13,059,727	7,448,156	57,144,960	76,545,275
NET ASSETS
Beginning of Year or Period	52,316,261	44,868,105	102,086,007	25,540,732
End of Year or Period	$65,375,988	$52,316,261	$159,230,967	$102,086,007
CHANGES IN SHARES OUTSTANDING
Shares issued	1,600,000	4,475,000	4,125,000	2,975,000
Shares redeemed	(1,375,000)	(4,450,000)	(2,875,000)	(1,025,000)
Net increase (decrease) in Shares outstanding	225,000	25,000	1,250,000	1,950,000
Shares outstanding, Beginning of Year or Period	1,300,000	1,275,000	2,725,000	775,000
Shares outstanding, End of Year or Period	1,525,000	1,300,000	3,975,000	2,725,000


	AllianzIM U.S. Equity Buffer10 Mar ETF		AllianzIM U.S. Equity Buffer10 Apr ETF
	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025
OPERATIONS:
Net investment income (loss)	$(97,848)	$(195,689)	$(152,464)	$(316,518)
Net realized gain (loss)	3,493,723	4,254,548	5,536,361	3,567,160
Net change in unrealized appreciation (depreciation)	(1,377,334)	199,587	(1,600,267)	1,072,349
Net increase (decrease) in net assets resulting from operations	2,018,541	4,258,446	3,783,630	4,322,991
CAPITAL TRANSACTIONS:
Proceeds from Shares issued	29,415,391	27,627,798	45,419,503	43,309,479
Cost of Shares redeemed	(28,429,347)	(38,061,725)	(43,030,400)	(54,576,667)
Net increase (decrease) in net assets from capital transactions	986,044	(10,433,927)	2,389,103	(11,267,188)
Total increase (decrease) in net assets	3,004,585	(6,175,481)	6,172,733	(6,944,197)
NET ASSETS
Beginning of Year or Period	26,641,114	32,816,595	40,983,708	47,927,905
End of Year or Period	$29,645,699	$26,641,114	$47,156,441	$40,983,708
CHANGES IN SHARES OUTSTANDING
Shares issued	750,000	800,000	1,075,000	1,175,000
Shares redeemed	(725,000)	(1,100,000)	(1,025,000)	(1,450,000)
Net increase (decrease) in Shares outstanding	25,000	(300,000)	50,000	(275,000)
Shares outstanding, Beginning of Year or Period	700,000	1,000,000	1,000,000	1,275,000
Shares outstanding, End of Year or Period	725,000	700,000	1,050,000	1,000,000


	AllianzIM U.S. Equity Buffer10 May ETF		AllianzIM U.S. Equity Buffer10 Jun ETF
	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025
OPERATIONS:
Net investment income (loss)	$(64,665)	$(121,378)	$(72,336)	$(136,966)
Net realized gain (loss)	2,861,867	(201,430)	287,775	1,372,225
Net change in unrealized appreciation (depreciation)	(2,044,330)	2,388,861	804,885	1,191,607
Net increase (decrease) in net assets resulting from operations	752,872	2,066,053	1,020,324	2,426,866
CAPITAL TRANSACTIONS:
Proceeds from Shares issued	120,513,960	3,309,824	—	25,543,563
Cost of Shares redeemed	(19,808,449)	(3,329,937)	(2,740,267)	(22,251,385)
Net increase (decrease) in net assets from capital transactions	100,705,511	(20,113)	(2,740,267)	3,292,178
Total increase (decrease) in net assets	101,458,383	2,045,940	(1,719,943)	5,719,044
NET ASSETS
Beginning of Year or Period	19,083,567	17,037,627	21,489,493	15,770,449
End of Year or Period	$120,541,950	$19,083,567	$19,769,550	$21,489,493
CHANGES IN SHARES OUTSTANDING
Shares issued	3,175,000	100,000	—	775,000
Shares redeemed	(525,000)	(100,000)	(75,000)	(675,000)
Net increase (decrease) in Shares outstanding	2,650,000	—	(75,000)	100,000
Shares outstanding, Beginning of Year or Period	525,000	525,000	600,000	500,000
Shares outstanding, End of Year or Period	3,175,000	525,000	525,000	600,000


	AllianzIM U.S. Equity Buffer10 Jul ETF		AllianzIM U.S. Equity Buffer10 Aug ETF
	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025
OPERATIONS:
Net investment income (loss)	$(291,891)	$(511,652)	$(127,373)	$(350,029)
Net realized gain (loss)	718,776	10,944,271	229,585	9,493,886
Net change in unrealized appreciation (depreciation)	3,797,082	3,067,491	1,710,276	(2,028,725)
Net increase (decrease) in net assets resulting from operations	4,223,967	13,500,110	1,812,488	7,115,132
CAPITAL TRANSACTIONS:
Proceeds from Shares issued	1,134,729	150,145,852	—	40,109,361
Cost of Shares redeemed	(10,138,248)	(141,090,695)	(3,564,795)	(133,943,777)
Net increase (decrease) in net assets from capital transactions	(9,003,519)	9,055,157	(3,564,795)	(93,834,416)
Total increase (decrease) in net assets	(4,779,552)	22,555,267	(1,752,307)	(86,719,284)
NET ASSETS
Beginning of Year or Period	84,142,078	61,586,811	36,983,979	123,703,263
End of Year or Period	$79,362,526	$84,142,078	$35,231,672	$36,983,979
CHANGES IN SHARES OUTSTANDING
Shares issued	25,000	3,875,000	—	1,200,000
Shares redeemed	(225,000)	(3,575,000)	(100,000)	(4,225,000)
Net increase (decrease) in Shares outstanding	(200,000)	300,000	(100,000)	(3,025,000)
Shares outstanding, Beginning of Year or Period	1,900,000	1,600,000	1,050,000	4,075,000
Shares outstanding, End of Year or Period	1,700,000	1,900,000	950,000	1,050,000


	AllianzIM U.S. Equity Buffer10 Sep ETF		AllianzIM U.S. Equity Buffer10 Oct ETF
	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025
OPERATIONS:
Net investment income (loss)	$(368,848)	$(277,516)	$(221,532)	$(846,004)
Net realized gain (loss)	71,340	6,734,904	223,773	14,744,001
Net change in unrealized appreciation (depreciation)	5,456,413	2,087,875	2,910,242	817,866
Net increase (decrease) in net assets resulting from operations	5,158,905	8,545,263	2,912,483	14,715,863
CAPITAL TRANSACTIONS:
Proceeds from Shares issued	—	106,786,305	4,342,914	94,796,294
Cost of Shares redeemed	(889,210)	(107,845,620)	(6,552,844)	(183,803,950)
Net increase (decrease) in net assets from capital transactions	(889,210)	(1,059,315)	(2,209,930)	(89,007,656)
Total increase (decrease) in net assets	4,269,695	7,485,948	702,553	(74,291,793)
NET ASSETS
Beginning of Year or Period	100,836,937	93,350,989	58,195,457	132,487,250
End of Year or Period	$105,106,632	$100,836,937	$58,898,010	$58,195,457
CHANGES IN SHARES OUTSTANDING
Shares issued	—	3,200,000	100,000	2,325,000
Shares redeemed	(25,000)	(3,425,000)	(150,000)	(4,525,000)
Net increase (decrease) in Shares outstanding	(25,000)	(225,000)	(50,000)	(2,200,000)
Shares outstanding, Beginning of Year or Period	2,900,000	3,125,000	1,350,000	3,550,000
Shares outstanding, End of Year or Period	2,875,000	2,900,000	1,300,000	1,350,000


	AllianzIM U.S. Equity Buffer10 Nov ETF		AllianzIM U.S. Equity Buffer10 Dec ETF
	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025	For the Six Months Ended April 30, 2026 (unaudited)	For the Year Ended October 31, 2025
OPERATIONS:
Net investment income (loss)	$(106,452)	$(253,170)	$(428,750)	$(722,924)
Net realized gain (loss)	487	4,885,080	11,091,859	(797,040)
Net change in unrealized appreciation (depreciation)	1,810,752	3,002	(5,590,429)	12,570,079
Net increase (decrease) in net assets resulting from operations	1,704,787	4,634,912	5,072,680	11,050,115
CAPITAL TRANSACTIONS:
Proceeds from Shares issued	11,746,666	29,659,152	121,466,897	132,630,196
Cost of Shares redeemed	—	(42,216,695)	(121,753,997)	(44,166,437)
Net increase (decrease) in net assets from capital transactions	11,746,666	(12,557,543)	(287,100)	88,463,759
Total increase (decrease) in net assets	13,451,453	(7,922,631)	4,785,580	99,513,874
NET ASSETS
Beginning of Year or Period	19,199,415	27,122,046	116,329,925	16,816,051
End of Year or Period	$32,650,868	$19,199,415	$121,115,505	$116,329,925
CHANGES IN SHARES OUTSTANDING
Shares issued	325,000	850,000	3,350,000	4,075,000
Shares redeemed	—	(1,175,000)	(3,400,000)	(1,375,000)
Net increase (decrease) in Shares outstanding	325,000	(325,000)	(50,000)	2,700,000
Shares outstanding, Beginning of Year or Period	525,000	850,000	3,225,000	525,000
Shares outstanding, End of Year or Period	850,000	525,000	3,175,000	3,225,000