FPAA

FPA Global Allocation ETF is an actively managed fund-of-funds that seeks long-term capital appreciation and income by maintaining a balanced portfolio of global equity and fixed-income investments, primarily through underlying registered investment companies or direct security holdings. The strategy allocates at least 50% of net assets to global equities across all market capitalizations with a mandatory minimum 40% international exposure, paired with a flexible fixed-income sleeve spanning sovereign, corporate, asset-backed, and debt securities of varying durations.