Global X ReSolve Adaptive Asset Allocation Corporate Class ETF (TSX:HRAA)
Canada
· Delayed Price · Currency is CAD | Assets | 85.17M |
| Expense Ratio | 1.45% |
| PE Ratio | 9.36 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +7.06% |
| Volume | 100 |
| Open | 12.14 |
| Previous Close | 12.06 |
| Day's Range | 12.14 - 12.14 |
| 52-Week Low | 11.43 |
| 52-Week High | 12.47 |
| Beta | 0.17 |
| Holdings | 66 |
| Inception Date | Jul 30, 2020 |
About HRAA
Global X ReSolve Adaptive Asset Allocation Corporate Class ETF is an exchange traded fund launched and managed by Global X Investments Canada Inc. The fund is co-managed by ReSolve Asset Management Inc. It invests directly, through derivatives and through other funds in public equity, fixed income, currency and commodity markets of global region. The fund employs long/short strategy to create its portfolio. For its equity portion, it invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests through other funds in U.S. treasury securities. The fund employs quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against a composite benchmark comprising of 66% of the HFRI Macro: Systematic Diversified Index and 34% of the HFR Risk Parity Vol 10 Index. Global X ReSolve Adaptive Asset Allocation Corporate Class ETF was formed on July 20, 2016 and is domiciled in Canada.
Performance
HRAA had a total return of 7.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.58%.
Top 10 Holdings
102.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Global X 0-3 Month T-Bill ETF | CBIL | 50.59% |
| Merchant West SCI Cautious Fund B | n/a | 30.79% |
| Cash | n/a | 18.23% |
| iShares MSCI Usa Swap UCITS ETF | MUSA | 1.09% |
| Canadian Dollar Futures (Cme) | n/a | 0.32% |
| Canada 10yr Bond Future (Mse) | n/a | 0.31% |
| Ibex 35 Index Future (Mfm) | n/a | 0.21% |
| New Zealand $ Fut | n/a | 0.18% |
| Wheat Future (Cbt) | n/a | 0.17% |
| Mill Wheat Euro | n/a | 0.15% |