GuidePath Absolute Return Allocation Fund Service Shares (GPARX)

Overview

The fund operates as a fund of funds, meaning its investments are primarily allocated across registered mutual funds and exchange-traded funds (ETFs), both of which can be actively or passively managed. This strategy of investing in "underlying funds" allows the fund to offer investors indirect exposure to a wide array of fixed income and equity securities. The investment management team believes this approach provides an efficient means of constructing a diversified portfolio designed to meet the varied investment objectives of its clients.

Products and Services

The fund provides a range of investment solutions tailored to offer exposure to various sectors of the market through underlying funds. These solutions include:

• Registered Mutual Funds: These are investment vehicles available to the public that pool funds from multiple investors to buy securities. By investing in both actively and passively managed mutual funds, the fund aims to benefit from the expertise of professional fund managers as well as the lower costs associated with passive management.
• Exchange-Traded Funds (ETFs): ETFs are investment funds traded on stock exchanges, much like stocks. They hold assets such as stocks, commodities, or bonds and generally operate with an arbitrage mechanism designed to keep the trading close to its net asset value, though deviations can occasionally occur. The fund invests in ETFs to gain exposure to various market segments through a liquid and cost-effective format.