Global X Japan Lists Two New Silver ETFs on the Tokyo Stock Exchange

Global X Japan, part of the Daiwa Securities Group, announced the listing of the 'Global X Silver ETF' (ticker: 577A) and the 'Global X Silver ETF (JPY Hedged)' (ticker: 578A) on the Tokyo Stock Exchange on May 28. The 'Global X Silver ETF' aims to track the Solactive Silver Spot Sydney Close Index (JPY converted). By investing primarily in the 'Global X Physical Silver Structured' (ticker: ETPMAG) listed on the Australian Securities Exchange, it seeks to provide exposure to physical silver. The 'Global X Silver ETF (JPY Hedged)' aims to track the Solactive Silver Spot Sydney Close Index (JPY Hedged). It also invests in ETPMAG while utilizing currency hedging (selling USD, buying JPY) to mitigate exchange rate risks. Investors should be aware of risks including silver price fluctuations, currency risk, and country risk; principal is not guaranteed. The release also includes disclaimers regarding the intellectual property rights of SOLACTIVE AG.