Global X ETFs Expands Options Strategies in Europe with Launch of Annual Buffer (SPAB) and Annual Tail Hedge (SPAH) Funds
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Rob Oliver, Head of Business Development, Europe Global X
Global X ETFs, the provider of exchange-traded funds (ETFs), today announced the launch of the Global X Annual Buffer UCITS ETF (SPAB) and the Global X Annual Tail Hedge UCITS ETF (SPAH) on London Stock Exchange and Deutsche Börse Xetra.
| Fund Name | Primary Ticker | Tracking Index | Buffer Protection | Expense Ratio |
| Global X S&P 500 Annual Buffer UCITS ETF | SPAB LN | CBOE S&P 500® Annual 15% Buffer Protect Index | 0% to -15% (15%) | 0.50% |
| Global X S&P 500 Annual Tail Hedge UCITS ETF | SPAH LN | CBOE S&P 500® Annual 30% (-5% to -35%) Buffer Protect Index | -5% to -35% (30%) | 0.50% |
The macroeconomic picture in the U.S. appears mixed, with investors weighing a strong consumer and market resiliency against the potential of higher-for-longer interest rates and persistent recession concerns. Amid this uncertainty, defined outcome strategies, which protect investors against set levels of downside risk in exchange for caps on upside potential, may be particularly appealing to investors repositioning their portfolios. They can help those who are looking to stay invested in broad stock indices and maintain some upside participation while also their lowering equity betas and ensuring an explicit level of protection.
“Amid significant market uncertainty, more investors are seeking to protect their portfolios against sharp equity downturns and maintain defined levels of risk,” said Rob Oliver, Head of Business Development for Global X ETFs in Europe. “Global X’s latest defined outcome strategies can help investors achieve these goals and highlight our firm’s long-term commitment to the European market through innovative ETF solutions.”
| Name | Global X S&P 500 Annual Buffer UCITS ETF |
| ISIN | IE0009BM62P2 |
| Sedol | BP6KFY7 |
| Trading Currency | GBP |
| Ongoing charges | 0.50 per cent |
| Reference index | CBOE S&P 500® Annual 15% Buffer Protect Index |
| Name | Global X S&P 500 Annual Buffer UCITS ETF |
| ISIN | IE0009BM62P2 |
| Sedol | BP6KFX6 |
| Trading Currency | USD |
| Ongoing charges | 0.50 per cent |
| Reference index | CBOE S&P 500® Annual 15% Buffer Protect Index |
| Name | Global X S&P 500 Annual Tail Hedge UCITS ETF |
| ISIN | IE000HGH8PV2 |
| Sedol | BP6KG44 |
| Trading Currency | GBP |
| Ongoing charges | 0.50 per cent |
| Reference index | CBOE S&P 500® Annual 30% (-5% to -35%) Buffer Protect Index |
| Name | Global X S&P 500 Annual Tail Hedge UCITS ETF |
| ISIN | IE000HGH8PV2 |
| Sedol | BP6KG33 |
| Trading Currency | USD |
| Ongoing charges | 0.50 per cent |
| Reference index | CBOE S&P 500® Annual 30% (-5% to -35%) Buffer Protect Index |
Source : ETFWorld.co.uk
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