Global X ReSolve Adaptive Asset Allocation Corporate Class ETF
HRAA is a globally diversified strategy that combines advanced diversification, systematic long/short global macro and dynamic tail protection to provide investors with an all-weather investment solution.
HRAA uses a systematic strategy that combines prudent risk management and machine learning to formulate forward-looking views for key risk factors.
Over 20 years of experience in institutional portfolio management techniques focused on global asset allocation.
NAV
$11.68
$-0.0280
-0.24%
Volume Real-time volume on the Toronto Stock Exchange only
300
Price
$11.65
$-0.10
-0.85%
Last Close
$11.75
Prices delayed by 15 minutes.
Last Trade: May 3, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Low to Medium
Ticker
HRAA
CUSIP
37964H108
Inception Date
July 30, 2020
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$85,213,144
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
22,900
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
20,884
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Sub-Advisor
ReSolve Asset Management Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.85% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.96% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.50% As at December 31, 2023
Performance Fee
15% of outperformance over high water mark and an annualized return of 3% (please see the prospectus for more information)
Currency
CAD
Currency Hedging
N/A
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
549300V8J7S410LFE313
As at May 3, 2024
NAV / Unit
$11.68
Price
$11.65
Premium Discount
$0.22
Premium Discount Percentage
1.82%
Outstanding Shares
7,178,129
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
|
dates |
1 mo | 3 mo | 6 mo | YTD | 1 yr | 3 yr | 5 yr | 10 yr | SIR* |
|---|---|---|---|---|---|---|---|---|---|
| Global X ReSolve Adaptive Asset Allocation Corporate Class ETF | 2.71 | 5.32 | 4.58 | 6.88 | 7.77 | 3.48 | - | - | 4.58 |
*Fund performance since inception on July 30, 2020, as at April 30, 2024
|
dates |
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Global X ReSolve Adaptive Asset Allocation Corporate Class ETF | - | - | - | - | - | 8.09 | -1.83 | 0.79 |
As at March 31, 2024
CHF CURRENCY FUT
SFM4 CURNCY
S
37.81%
JAPANESE YEN CCY FUTURE (CME)
JYM4 CURNCY
S
28.53%
US 5YR NOTE (CBT)
FVM4 COMDTY
L
20.33%
EURO-BUND FUTURE
RXM4 Comdty
S
18.77%
EURO-BOBL FUTURE
OEM4 Comdty
S
15.41%
TOPIX INDX FUTR
TPM4 Index
L
14.33%
CAC40 EURO INDEX FUT (EOP)
CFJ4 INDEX
L
12.14%
BRENT CRUDE FUTR Jun24
COM4 Comdty
L
11.77%
US 10YR TREAS NTS FUTURE (CBT)
TYM4 COMDTY
L
10.53%
NEW ZEALAND $ FUT
NVM4 CURNCY
L
10.39%
Holdings are subject to change.