Key stats
About GLOBAL X GROWTH ASSET ALLOCATION E UNIT CL A
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Inception date
Oct 10, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Global X Investments Canada, Inc.
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.77%
Cash0.23%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HGRW top holdings are Global X S&P 500 Index ETF Trust Unit A and Global X MSCI EAFE Index ETF Trust Units A, occupying 26.99% and 21.28% of the portfolio correspondingly.
HGRW last dividends amounted to 0.05 CAD. The month before, the issuer paid 0.05 CAD in dividends,
HGRW assets under management is 13.32 M CAD. It's fallen 9.35% over the last month.
HGRW fund flows account for 2.32 M 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.
Yes, HGRW pays dividends to its holders with the dividend yield of 2.08%. The last dividend (Jun 6, 2025) amounted to 0.05 CAD. The dividends are paid monthly.
HGRW shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Oct 10, 2023, and its management style is Active.
HGRW expense ratio is 0.38% meaning you'd have to pay 0.38% of your investment to help manage the fund.
HGRW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HGRW invests in funds.
HGRW price has fallen by −0.27% over the last month, and its yearly performance shows a 8.82% increase. See more dynamics on HGRW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.27% over the last month, have fallen by −0.27% over the last month, showed a 1.68% increase in three-month performance and has increased by 13.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.27% over the last month, have fallen by −0.27% over the last month, showed a 1.68% increase in three-month performance and has increased by 13.57% in a year.
HGRW trades at a premium (0.18%) meaning the ETF is trading at a higher price than the calculated NAV.