HGRW: Global X Growth Asset Allocation ETF

At a glance

Target mix: 80% stocks / 20% bonds
Total assets: $37.9M as of Aug 27, 2026
Management fee (current): 0.18%
Total fund costs (reported): 0.31%

Overview

HGRW keeps 80% of its long-term target in global stocks and 20% in fixed income. The small bond allocation can moderate risk, but this remains a growth portfolio built for investors who can tolerate substantial stock-market declines. Our asset-allocation guide explains how to assess that trade-off before choosing a mix.

Portfolio and costs

Target allocation

Stocks: 80%
Fixed income: 20%The 80% equity target comprises 16% Canadian, 37.6% U.S., 20% developed-market, and 6.4% emerging-market equities; fixed income comprises 14% Canadian and 6% U.S. exposure.

Costs

Management fee (current): 0.18%The 0.18% annual management fee, plus applicable sales tax, was published when HGRW launched on October 11, 2023; Global X does not label a separate fee-effective date.
Management expense ratio (MER): 0.23%
Trading expense ratio (TER): 0.08%
Total fund costs (reported): 0.31%MER + TER. The reported annual fund costs total 0.31% of the ETF's value. Period ended December 2025.

Fund facts

Ticker: TSX: HGRW
Inception: October 10, 2023
Total assets: $37,882,599 CADNet assets were $37,882,599 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: HGRW primarily invests in broad exchange-traded funds that provide globally diversified equity and fixed-income exposure. Global X introduced it as a traditional, not leveraged portfolio, and its mandate does not allocate to cryptocurrency, alternatives, 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: The current product page displays "No," but the prospectus permits hedging foreign fixed-income exposure through currency forwards or hedged fixed-income ETFs and prohibits hedging other asset classes. ETF Facts showed a -0.2% currency forward hedge at June 30, 2026.