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Investment Strategy
The Fund intends to invest primarily in bonds and debentures issued by Canadian governments (federal, provincial, municipalities and Crown agencies) that are selected and weighted to approximate the overall characteristics of the DEX Universe Bond Index (the “Universe Index”), with securities from some or all of the issuers listed above substituted for the corporate securities that are normally included in the Universe Index, and subject to a minimum BBB(low) credit rating requirement at time of purchase.
Investment Objective
The investment objective of the Fund is to provide performance generally similar to the performance of the DEX Universe Bond Index, or any other index determined by TDAM used to track the performance of the Canadian bond market, but without the Universe Index’ exposure to corporate securities.
Who Should Invest
This Fund is designed for taxable and tax-exempt individuals and organizations, including pension funds, non-profit entities and corporations that are interested in tracking the performance of the Canadian bond market, without exposure to corporate securities.
Fund Facts
| Inception Date: |
Mar. 31, 2009 |
| Asset Class: |
Fixed Income |
| Benchmark: |
DEX Universe Bond Index |
| Risk Level: |
Low |
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