HCON: Global X Conservative Asset Allocation ETF

At a glance

Target mix: 40% stocks / 60% bonds
Total assets: $39.8M as of Aug 27, 2026
Management fee (current): 0.18%
Total fund costs (reported): 0.27%

Overview

HCON puts most of its long-term target in fixed income while keeping 40% in global stocks. That makes it the most conservative of these four Global X portfolios, but it can still lose value when stock or bond markets fall. Our asset-allocation guide explains how to match this mix to your time horizon and tolerance for market declines.

Portfolio and costs

Target allocation

Stocks: 40%
Fixed income: 60%The 40% equity target comprises 8% Canadian, 18.8% U.S., 10% developed-market, and 3.2% emerging-market equities; fixed income comprises 42% Canadian and 18% 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: HCON
Inception: August 1, 2018
Total assets: $39,837,921 CADNet assets were $39,837,921 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: HCON primarily invests in broad exchange-traded funds that provide globally diversified fixed-income and equity 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: HCON 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.