SPQH
•
Equity
GLOBAL X S&P 500 QUARTERLY TAIL HEDGE UCITS ETF - USD ACCUMULATING
TER (bps):
50
AUM (USD m):
28
ISIN:
IE000EPX8KB7
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
12 Nov 2024
Climate Fund:
No
Benchmark
The Cboe S&P 500 15% WHT Quarterly 9% (-3% to -12%) Buffer Protect Index (SPBNQ) is designed to track the performance of a “long” exposure to the S&P 500 NTR (15%) (SPX15UN) and a long S&P 500 Index (SPX) put spread vs. short call expiring quarterly on the last business day of March, June, September, and December. The strike prices of the put spread are 97% and 88% of the closing SPX price to provide protection against losses of 3% to 12% due to a decline in the S&P 500 NTR (15%) while providing participation up to a capped level.