HBAL: Global X Balanced Asset Allocation ETF

At a glance

Target mix: 60% stocks / 40% bonds
Total assets: $185.9M as of Aug 27, 2026
Management fee (current): 0.18%
Total fund costs (reported): 0.27%

Overview

HBAL targets more stocks than bonds, combining 60% global equity exposure with 40% fixed income. It sits between the conservative and growth portfolios and still carries meaningful market risk. Our asset-allocation guide explains why the mix should fit your time horizon and ability to stay invested through declines.

Portfolio and costs

Target allocation

Stocks: 60%
Fixed income: 40%The 60% equity target comprises 12% Canadian, 28.2% U.S., 15% developed-market, and 4.8% emerging-market equities; fixed income comprises 28% Canadian and 12% U.S. exposure.

Costs

Management fee (current): 0.18%The 0.18% annual management fee, plus applicable sales tax, took effect when the revised fee structure opened for trading on August 25, 2023.
Management expense ratio (MER): 0.22%
Trading expense ratio (TER): 0.05%
Total fund costs (reported): 0.27%MER + TER. The reported annual fund costs total 0.27% of the ETF's value. Period ended December 2025.

Fund facts

Ticker: TSX: HBAL
Inception: August 1, 2018
Total assets: $185,935,954 CADNet assets were $185,935,954 on August 27, 2026 and include all classes of the ETF.
Distributions: MonthlyGlobal X lists a monthly distribution schedule; distributions are not guaranteed.

How the portfolio is managed

Construction: HBAL primarily invests in broad exchange-traded funds that provide globally diversified equity and fixed-income exposure. Its conventional mandate does not allocate to cryptocurrency, alternatives, leverage, or covered calls.
Rebalancing: The Manager may reconstitute and rebalance the portfolio from time to time at its sole discretion; the current mandate does not promise a fixed calendar schedule.
Currency hedging: HBAL may hedge foreign-currency exposure from fixed-income investments back to Canadian dollars through currency forwards or hedged fixed-income ETFs. It will not hedge other asset classes.