Analysis

Key stats

About GLOBAL X ALL EQUITY ASSET ALLOCATIO UNIT CL A

The fund seeks to invest in a diversified portfolio of equity TRI ETFs that offer the highest return while also optimizing risk. The funds equity component target will include TRI ETFs that offer exposure to North American and other developed market equities that seek a world equity return. Moreover, the funds exposure to Canadian equity securities is indicated to be no less than 15% at each semi-annual rebalance (which is expected to occur in January and July). Weighting of securities is determined through a portfolio optimization strategy in order to maximize the risk-adjusted return profile. While the TRI ETFs do not directly own the securities of their respective indices, it aims to provide the latters total returns through a Total Return Swap agreement with one or more bank counterparties. HGRO will use currency forwards to hedge its non-CAD currency exposure to the CAD at all times.