Key stats
About FORSTRONG GLOBAL BALANCED ETF UNITS
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Inception date
Sep 10, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Forstrong Global Asset Management Inc.
The fund is actively managed and utilizes a top-down multi-asset approach to achieve optimal asset allocation. It blends long-term global macro trends with short-term cyclical outlooks to target stability across investment climates. The fund focuses on risk management and is tailored for investors with low-to-medium risk tolerance seeking long-term capital growth. It provides exposure to a diversified mix of global securities. Its primary investments are in ETFs listed on North American exchanges, with the potential to invest in securities of these funds, foreign securities, and cash or cash equivalents. The asset mix includes equity (45-100%), fixed income (25-65%), and cash (0-25%). The fund also employs derivatives for hedging and non-hedging purposes and may also invest in commodities and currencies.
Classification
What's in the fund
Exposure type
ETF
Mutual fund
Bonds, Cash & Other90.02%
ETF76.12%
Mutual fund12.70%
Cash1.20%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
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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.
FGBL trades at 20.61 CAD today, its price has risen 2.84% in the past 24 hours. Track more dynamics on FGBL price chart.
FGBL net asset value is 20.66 today — it's risen 2.07% 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.
FGBL assets under management is 1.04 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.
FGBL price has risen by 2.84% over the last month, and its yearly performance shows a 2.54% increase. See more dynamics on FGBL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.07% over the last month, showed a −2.40% decrease in three-month performance and has increased by 1.60% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.07% over the last month, showed a −2.40% decrease in three-month performance and has increased by 1.60% in a year.
FGBL fund flows account for 0.00 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.
FGBL invests in funds. See more details in our Analysis section.
No, FGBL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, FGBL pays dividends to its holders with the dividend yield of 5.28%.
FGBL trades at a premium (0.06%).
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.
FGBL shares are issued by iA Financial Corp., Inc.
FGBL 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 Sep 10, 2024.
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.