Global X launches two ETF for Europe

Today, Global X ETFs Europe announced the launch of its Defined Outcome UCITS ETF Suite, marking an exciting new stage for our UCITS product lineup and underscoring our commitment to the European market.

The CEO of Global X, Luis Berruga says that as part of Global X’s new Defined Outcome suite, they listed two new funds on London Stock Exchange and the Deutsche Börse Xetra: the Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB) and the Global X S&P 500 Quarterly Tail Hedge UCITS ETF (SPQH).

Both SPQB and SPQH deploy a defined outcome strategy with defined levels of downside protection as well as capital growth up to a cap, providing investors with the tools they need to maintain a smoother ride while staying exposed to U.S. equities.

"Amid recent volatility, we have seen increasing demand for solutions that empower investors by targeting specific outcomes, either as a core allocation or to balance risk. Our Quarterly Buffer and Tail Hedge strategies seek to meet this need by buffering downside on the S&P 500 index,* in exchange for capping upside. Today’s launch is truly reflective of Global X’s mission to empower investors with unexplored and intelligent solutions, and I’m so proud of our team for continuing to launch products that are beyond ordinary!"

Luis Berruga CEO at Global X.

Global X S&P 500 Quarterly Buffer UCITS ETF: The Global X S&P 500 Quarterly Buffer UCITS ETF (SPQB LN) seeks to replicate the returns of the S&P 500, while buffering investors against the first 5% of losses each quarter.

Global X S&P 500 Quarterly Tail Hedge UCITS ETF: The Global X S&P 500 Quarterly Tail Hedge UCITS ETF (SPQH LN) employs a defined outcome strategy, aiming to provide a 9% buffer on the S&P 500 index, after the first 3% losses on the same index each quarter.