Global X Balanced Asset Allocation ETF (HBAL.TO)

HBAL is designed for investors seeking both long-term capital appreciation and a moderate, consistent income. This ETF achieves its objective by investing in a globally diversified selection of exchange-traded funds, with its assets typically allocated around 60% to equities and 40% to fixed income securities. It offers a straightforward, all-in-one solution for obtaining broad exposure to global equity and fixed income markets, thereby simplifying the task of constructing and managing a portfolio. HBAL also benefits from continuous oversight and automatic rebalancing, and aims to provide income distributions on a monthly basis.