Key stats
About GLOBAL X SHORT-TERM GOVERNMENT BOND UNITS CLASS A
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Inception date
May 21, 2024
90% Bloomberg Canada Treasury Bills 1-3 Months + 5% ICE U.S. Treasury 20+ Year Bond Index + 5% Cboe TLT 2% OTM BuyWrite Index - Benchmark TR Net
The fund actively invests in government debt securities primarily issued by the Government of Canada, with minor exposure from the US Treasury. It may directly invest in government debt securities or in index funds and money market funds that primarily hold said securities. The fund aims to maintain a target duration of less than three years by employing rules-based security selection methodology and weighting. It actively employs, at its discretion, an option strategy by writing a combination of covered call and cash-covered put options on up to approximately 50% of the value of the funds portfolio. The manager may also choose to reconstitute and rebalance the funds holdings from time to time. Note that the fund seeks to hedge any foreign currency exposure back to the Canadian dollar.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.91%
Cash0.28%
Rights & Warrants−0.19%
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