Fund Description: Allianz U.S. Large Cap Buffer10 Apr ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the AIM ETF Products Trut, an open-end investment management company. INVESTMENT OBJECTIVE: This Allianz U.S. Larg Cap Buffer10 Apr ETF that reference the S&P 500 Price Return Index. <P> INDEX DESCRIPTION: The S&P 500 Price Return Index is a large-cap, market-weighted, U.S. equities index that tracks the price (excluding dividends) of the leading companies that reflect the industries of the U.S. economy and is often considered a proxy for the stock market in general. FUND STRATEGY: Under normal market conditions, the Fund invests at least 80% of its net assets in instruments with economic characteristics similar to U.S. large cap equity securities. The Fund intends to invest substantially all of its assets in FLexible EXchange Options that reference the Index. FLEX Options are customizable exchange-traded options contracts guaranteed for settlement by the Options Clearing Corporation. The Fund uses FLEX Options to seek to deliver returns that match, at the end of a specified period (the“Outcome Perion the returns of the Index up to the Cap while limiting downside losses by the amount of the Buffer. As of the date of this prospectus, the outcomes sought by the Fund are based upon the performance of the Index over the Outcome Period of June 1, 2020 through March 31, 2021. Following this initial Outcome Period, each subsequent Outcome Period will be a one-year period. The current Cap is 10.60% minus fees. It is expected that the Cap will change from one Outcome Period to the next. The Fund seeks to provide shareholders that hold shares for the entire Outcome Period with a downside loss buffer against the first 10% of the Index losses. FUND MANAGEMENT: Allianz Investment Management LLC serves as the investment adviser to the Fund.