Investment Objective
The fundamental investment
objective is to generate a
reasonable rate of interest
and dividend income while also
providing the opportunity for
moderate capital growth. The
Portfolio invests primarily in
securities of other mutual
funds, with a greater emphasis
on mutual funds with income
generating potential. The
Portfolio may also invest
directly in guaranteed
investment certificates, bonds
issued by the Canadian or
provincial governments and
Strip Bonds. The fundamental
investment objective may only
be changed with the approval
of a majority of unitholders
at a meeting called for that
purpose.
Benchmark Statement
55% DEX Universe Bond Index, 30%
MSCI World Index (ND, C$), 15%
S&P/TSX Composite Total Return
Index
Recommended For
The Portfolio may be suitable
for investors who: are seeking
an increased exposure to
international markets; prefer
to have professional managers
determine the selection and
composition of their
investments, as well as
provide ongoing monitoring
services; want moderate growth
combined with some income; are
willing to accept a low to
moderate degree of risk; have
a medium term investment time
horizon.
Why Invest
Built with a slightly higher
exposure towards fixed income
than equities, the TD
FundSmart Managed Income &
Moderate Growth Portfolio
provides a balance between a
reasonable income stream and
the opportunity for capital
appreciation.
The TD Managed Assets Program
is a professionally
constructed, managed and
monitored solution, designed
to moderate the effect of
market volatility through
multi-facet diversification.
Portfolio Update
Quarterly Update
Overall, Canadian bonds generated modestly positive returns for the quarter. Both government and corporate bonds gained, with corporates outperforming their government counterparts. Corporate bonds continued to benefit from higher relative yields and strong company balance sheets, while government bonds benefitted as some investors continued to seek safe havens for their capital. The Bank of Canada (BoC) held the overnight rate at 1.00 percent in its December 4 policy announcement. It noted that third quarter economic activity was weak, but it continues to expect that economic growth, driven by consumption and business investment, will improve during 2013.
(December 2012)
General Description
| Fund Codes:
|
TDB361
|
| Minimum non-RSP Investment:
|
$ 2000.00
|
| Minimum RSP Investment:
|
$ 2000.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost
if redeemed within 30 days of
purchase.
|
|
MER:
|
2.78% MER as of December 31, 2012
|
| Sector Class:
|
Global Neutral Balanced
|
| Inception Date:
|
Nov. 12, 1998
|
| Assets:
|
$ 374.29 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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