Investment Objective
The fundamental investment
objective is to track the
performance of the Morgan
Stanley Capital International
Europe Gross Dividend Index
("MSCI Europe Index"). The
MSCI Europe Index is a
diversified index of about 600
widely held companies in the
developed countries in Europe.
Benchmark Statement
100% MSCI Europe Index (GD, C$)
Recommended For
This Fund may be suitable for
medium to long-term investors
who want to track the returns
of a major European equity
index and are contributing to
the growth component of a
diversified portfolio.
Investors in this Fund should
be willing to accept a
moderate level of risk.
Why Invest
One-step exposure to European
currencies and large, well-
established European companies
included in the MSCI Europe
Index.
Low MER.
Complements active investment
style.
Portfolio Update
Quarterly Update
Despite a weak European economic backdrop, investors were encouraged by leaders’ aggressive measures to address the European sovereign debt crisis. The European CentralBank’s Outright Monetary Transaction plan, banking union proposal and restructured terms for Greek bailout loans all convinced investors that the risk of a euro breakup has substantially reduced. Serious efforts from U.S. lawmakers to avert the $600 billion fiscal cliff further underpinned market optimism during the quarter. The Canadian dollar weakened relative to most major currencies, leading to enhanced returns in Canadian dollar terms.
(December 2012)
General Description
| Fund Codes:
|
TDB906
|
| Minimum non-RSP Investment:
|
$ 100.00
|
| Minimum RSP Investment:
|
$ 100.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost if redeemed within 30 days of purchase.
|
|
MER:
|
0.51% MER as of December 31, 2012
|
| Sector Class:
|
European Equity
|
| Inception Date:
|
Nov. 26, 1999
|
| Assets:
|
$ 51.07 million as of May 31, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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