Key stats
About GUARDPATH MANAGED DECUMULATION 2042 ETF UNIT
Expense ratio
0.79%
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Inception date
Sep 7, 2022
The fund uses a fund-of-funds approach to optimize capital utilization during retirement. Based on the amount invested and portfolio risk management strategies, the fund seeks to deliver steady cash flows of 7.25% over a 20-year period. The underlying portfolio may include both foreign and domestic equities, fixed income securities of various types, credit quality and maturity, inflation-sensitive securities, and derivatives. Portfolio management focuses on compound growth and providing different sources of returns. The fund is actively managed based on the advisers long-term outlook for each asset class. However, the asset allocation may strategically shift in response to prevailing market conditions. Rebalancing of the portfolio exposure also occurs from time to time in order to remain within the ranges set by the fund advisers overall asset allocation strategy.