Global X TargetIncome 5 ETF

Frequently Asked Questions About TFIV

What does TFIV invest in?

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Wilshire TargetIncomeTM 5% Plus Index ("underlying index"). The fund is a fund of funds and invests at least 80% of its total assets in the securities of the underlying index. The underlying index seeks to provide broad exposure to income-producing asset classes using a portfolio of exchange-traded funds, with the goal, but not the guarantee, of providing exposure that may be sufficient to support an annualized yield of five percent (5.0%) for the fund, net of fees. The fund is non-diversified.

What is the expense ratio of TFIV?

Global X TargetIncome 5 ETF (TFIV) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TFIV?

Global X TargetIncome 5 ETF (TFIV) manages $6.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TFIV actively managed or an index fund?

TFIV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TFIV launched?

Global X TargetIncome 5 ETF (TFIV) launched in July 2018 and is managed by Global X.

How has TFIV performed?

TFIV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.