GLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL EGLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL EGLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL E

GLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL E

No trades
Buy HYBR

Key stats


Assets under management (AUM)
‪60.09 M‬CAD
Fund flows (1Y)
‪−26.78 M‬CAD
Dividend yield (indicated)
4.30%
Discount/Premium to NAV
0.2%

About GLOBAL ACTIVE HYBRID BD AND PREFERR UNIT CL E


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.69%
Home page
Inception date
Oct 1, 2013
Index tracked
No Underlying Index
Management style
Active
The fund actively and primarily invests in a portfolio of corporate debt and debt-like securities including preferred shares and hybrids from developed markets specifically in the US and Canada. The advisor uses fundamental research and credit analysis in selecting securities and determining the relative weights of each security. In seeking to manage risk, the fund may temporarily hold cash and/or money market instruments up to 20% and invest in sub-investment grade bonds limiting it to less than 50% of the portfolio. Since the fund is actively managed, allocation and maturity is at the discretion of the manager. The fund is designed for investors who are seeking a high level of income from a diversified portfolio delivering efficient exposure to the potential of North American hybrid and preferred stocks.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Floating rate
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Industrial Services
Corporate
Stocks81.22%
Finance41.44%
Industrial Services19.11%
Communications7.50%
Utilities7.27%
Miscellaneous3.40%
Energy Minerals2.49%
Retail Trade0.00%
Bonds, Cash & Other18.78%
Corporate15.99%
Miscellaneous1.89%
Government0.79%
Cash0.11%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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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.