Key stats
About GLOBAL X INVESTMENTS CANADA INC. CONSERVATIVE ASSET ALLOCATION ETF
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Inception date
Aug 1, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Global X Investments Canada, Inc.
The fund is a fund-of-funds that aims for long-term capital growth using Horizons Total Return Index ETFs (TRI ETFs). The fund targets a 50% allocation to global equities and 50% allocation to North American government, provincial and corporate fixed income securities. The Canadian securities exposure will be 40% at minimum. HCON generally rebalances semi-annually in January and July wherein a portfolio optimization strategy will be employed to select the weightings of TRI ETFs that maximizes risk-adjusted returns. It is worth noting that the fund invests in TRI ETFs that uses derivatives to provide the returns of the index they track (a synthetic exposure) instead of owning the securities directly. Specifically, it uses Total Return Swaps with one or more bank counterparties. HCON will also use currency forwards at all times to hedge its non-Canadian dollar currency exposure to the Canadian dollar.
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%
ETF99.78%
Cash0.22%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HCON top holdings are Global X Canadian Select Universe Bond Index Corporate Class ETF and Global X US 7-10 Year Treasury Bond Index Corporate Class ETF, occupying 41.55% and 17.88% of the portfolio correspondingly.
HCON last dividends amounted to 0.04 CAD. The month before, the issuer paid 0.04 CAD in dividends,
HCON assets under management is 34.36 M CAD. It's fallen 0.96% over the last month.
HCON fund flows account for −11.83 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, HCON pays dividends to its holders with the dividend yield of 2.77%. The last dividend (Jul 8, 2025) amounted to 0.04 CAD. The dividends are paid monthly.
HCON shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Aug 1, 2018, and its management style is Active.
HCON expense ratio is 0.22% meaning you'd have to pay 0.22% of your investment to help manage the fund.
HCON follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HCON invests in funds.
HCON price has risen by 0.79% over the last month, and its yearly performance shows a 5.38% increase. See more dynamics on HCON price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.36% over the last month, showed a 5.06% increase in three-month performance and has increased by 8.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.36% over the last month, showed a 5.06% increase in three-month performance and has increased by 8.13% in a year.
HCON trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.