Description

The fund aims to invest globally in a variety of securities designed to either exhibit a positive relationship with inflation or appreciate in value as inflation rates climb. Its typical holdings encompass precious metals and associated company stocks, industrial, energy, and agricultural commodities along with their related corporate equities, Real Estate Investment Trusts (REITs), currencies from developing economies, inflation-indexed bonds, U.S. Treasury Inflation-Protected Securities (TIPS), and cash. While the portfolio is generally rebalanced every three months, this schedule can be adjusted at the portfolio advisor's discretion. A core component of its strategy is a risk-parity asset allocation model, which seeks to ensure that each asset class within the portfolio contributes an equivalent amount of volatility to the overall fund. Furthermore, the portfolio advisor has the option to hedge a portion of its foreign currency exposure back to Canadian dollars.