Key stats
About Global X Enhanced All-Equity Asset Allocation ETF Trust Units A
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Inception date
Oct 11, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
ISIN
CA37963C1005
The fund-of-funds offers diversified exposure to equity markets globally. It directly or indirectly invests in securities through exchange-traded funds that provide exposure to domestic and foreign stocks of any size or style. The fund manager employs a leveraged strategy and seeks to maintain a long-term strategic asset allocation of approximately 125% in equity securities through cash borrowing. The portfolio asset mix may also be reconstituted and rebalanced from time to time. Note that the fund will not hedge the foreign currency of its investments back to the Canadian dollar. Moreover, it may hold cash and cash equivalents or other money market instruments to meet its objective.
Related funds
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HEQL trades at 32.74 CAD today, its price has risen 0.37% in the past 24 hours. Track more dynamics on HEQL price chart.
HEQL net asset value is 32.54 today — it's risen 7.50% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HEQL assets under management is 9.68 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HEQL price has risen by 7.39% over the last month, and its yearly performance shows a 26.90% increase. See more dynamics on HEQL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.50% over the last month, showed a 13.32% increase in three-month performance and has increased by 43.70% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.50% over the last month, showed a 13.32% increase in three-month performance and has increased by 43.70% in a year.
HEQL fund flows account for 554.10 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HEQL invests in funds. See more details in our Analysis section.
HEQL expense ratio is 2.21%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, HEQL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HEQL technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HEQL shows the strong buy signal. See more of HEQL technicals for a more comprehensive analysis.
Today, HEQL technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HEQL shows the strong buy signal. See more of HEQL technicals for a more comprehensive analysis.
Yes, HEQL pays dividends to its holders with the dividend yield of 1.76%.
HEQL trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HEQL shares are issued by Mirae Asset Global Investments Co., Ltd.
HEQL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 11, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.