Global X TargetIncome Plus 2 ETF (TFLT)

Overview

The investment aims to follow the price and yield performance, before costs and expenses, of the Wilshire TargetIncomeTM 10-Year Treasury +2% Plus Index. This fund operates primarily as a fund of funds, dedicating at least 80% of its total assets to securities within the underlying index it emulates. The chosen index has been designed to provide wide exposure to income-generating asset classes by employing a portfolio of exchange-traded funds. Though it aspires but does not assure, to offer exposure that could back an annualized yield equivalent to the yield of the U.S. 10-Year Treasury note increased by two percent for the fund, net of fees. This setup categorizes the fund as non-diversified, directly aligning its performance and yield objectives with the specified index's outcomes.

Products and Services

• Fund of Funds

As a fund of funds, this investment vehicle pools capital to invest in a selection of other funds, rather than directly in stocks, bonds, or other securities. This strategy allows it to diversify across various asset classes, as reflected by its adherence to the Wilshire TargetIncomeTM 10-Year Treasury +2% Plus Index. This index symbolizes a collection of ETFs aiming at income generation, making the fund an appealing choice for investors seeking yield plus growth via a composite investment strategy.

• Exposure to Income-Producing Asset Classes

The core objective of the fund is to generate broad exposure to various income-producing asset classes. It primarily achieves this through investment in exchange-traded funds (ETFs) that are structured to provide returns mimicking those of income-generating investments. Emphasizing the aspiration to match the annualized yield of the U.S. 10-Year Treasury note plus an additional two percent, net of fees, the fund targets investors looking for relatively higher yields in their portfolio, along with a structured approach to asset class exposure.