Analysis

Key stats

About GLOBAL X GROWTH ASSET ALLOCATION C UNIT CL A

The fund-of-funds offers diversified exposure to global equity and fixed income markets while employing a dynamic option writing strategy. It invests in exchange-traded funds that provide exposure to domestic and foreign stocks of any size or style and bonds of any credit quality and maturity. The fund seeks to maintain a long-term strategic asset allocation of approximately 80% stocks and 20% bonds. At the sole discretion of the fund manager, the portfolio may be reconstituted and rebalanced from time to time. To mitigate downside risk and generate premiums, the fund manager, at its discretion, writes options on up to approximately 50% of the portfolio. The fund may also hedge the foreign currency of its fixed income investments back to the Canadian dollar through currency forwards or hedged fixed income ETFs. Investors should note that the fund will not hedge the foreign currency exposure of any asset class other than fixed income.