Design and distribution obligations

The Design and Distribution Obligations (DDOs) are intended to help consumers obtain appropriate financial products by requiring issuers and distributors to have a consumer-centric approach to designing and distributing products. The DDOs requires an issuer of financial products to consider the design of its product (including its key attributes) and to determine an appropriate target market for the product, including whether one exists—that is, whether there is a class of consumers for whom the product, including its key attributes, would likely be consistent with their likely objectives, financial situation, and needs. The target market, distribution conditions, and information related to review and monitoring must be set out in a document called a ‘target market determination’ (TMD).

This page includes information on DDOs for Global X Management (AUS) Limited and Global X Metal Securities Australia Limited, including the TMDs for exchange traded products issued by these entities. For reporting or more information, please contact Global X ETFs at ddo@globalxetfs.com.au.