The fund-of-funds offers diversified exposure to equity and fixed income markets globally. It indirectly invests in securities through exchange-traded funds that provide exposure to domestic and foreign stocks of any size or style and bonds of any credit quality and maturity. Under normal market conditions, the fund manager 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 asset mix may be reconstituted and rebalanced from time to time. 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.