Description

The Global X Active Canadian Bond ETF (HAD) employs an active management strategy focused on both curbing potential risks and maximizing profit opportunities within the Canadian fixed income market. It aims to safeguard against significant capital depreciation by maintaining the flexibility to modify its portfolio's duration and credit quality in anticipation of or in response to changes in interest rates. A key objective of the fund is to provide unitholders with a consistent monthly income. HAD seeks to generate long-term returns primarily through the optimization of interest income and capital appreciation, investing predominantly in Canadian dollar-denominated debt and debt-like securities.