Guardian Directed Equity Path Portfolio - Hedged
GDEP.TO
Toronto Stock Exchange- -
CAD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Canada
- IPO Date
- Aug 17, 2020
- Similar Companies
- Business
- Guardian Directed Equity Path ETF Hedged (GDEP.TO) is an actively managed exchange-traded fund that seeks to preserve capital and provide long-term growth with reduced volatility through a global equity portfolio enhanced by derivatives, including put and call options for downside protection. The fund invests primarily in growth and value stocks across diversified market capitalizations and sectors worldwide, with a U.S. equity bias, holding typically 20 to 40 issuers such as CME Group Inc., EssilorLuxottica, Mastercard Inc., Microsoft Corp., Reckitt Benckiser Group PLC, L'Oreal SA, Booking Holdings Inc., Yum China Holdings Inc., UnitedHealth Group Inc., and Colgate-Palmolive Co.; it targets monthly cash distributions aiming for an annualized yield of approximately 4% of the prior year's ending NAV per unit, potentially including net income, dividends, realized capital gains, or return of capital, with a management expense ratio of 1.07% and assets under management of CAD $52.8 million as of late 2025. Listed on the Toronto Stock Exchange since its inception on August 11, 2020, the ETF operates in the global equity large cap segment, serving income-focused investors seeking lower volatility for retirement or long-term goals. In November 2023, the fund underwent a 1:1 merger whereby the original Guardian Directed Equity Path ETF consolidated its hedged units into the Guardian Directed Equity Path Portfolio (Series GCG 697 and ETF units GDEP), with Guardian Capital LP obtaining exemptive relief to maintain continuous disclosure of the original fund's performance history; this restructuring simplified offerings by integrating ETF series into the continuing mutual fund structure while preserving ticker symbols, fee structures, and investment objectives. No further major acquisitions, partnerships, funding rounds, or strategic shifts have been reported in the last 1-2 years, with ongoing monthly distributions adjusted annually based on year-end NAV and market conditions. The fund is managed by Guardian Capital LP, a signatory to the UN Principles for Responsible Investment, incorporating ESG considerations into analysis without explicit sustainable mandates. Headquartered in Toronto, Canada, Guardian Capital LP oversees the fund's global operations, with no notable subsidiaries or parent relationships specific to GDEP.TO beyond the manager's broader investment solutions platform.