Investment Objective
The fundamental investment
objective is to maximize total
return through both interest
income and capital
appreciation by tracking the
performance of the DEX
Universe Bond Index ("Universe
Index"). The Universe Index is
comprised of Canadian
investment-grade bonds which
mature in more than one year.
Benchmark Statement
DEX Universe Bond Index
Recommended For
This Fund may be suitable for
medium to long-term investors
who want to track the returns
of a major benchmark bond
index, require income and can
accept some interest rate risk
to achieve moderate capital
growth, and are contributing
to the income component of a
diversified portfolio.
Investors in this Fund should
be willing to accept a low
level of risk.
Why Invest
Passive investment style.
Low MER.
Opportunity for capital growth.
Portfolio Update
Quarterly Update
Canadian equities rose over the quarter as investor confidence continued to be buoyed by strong policy responses from the U.S. Federal Reserve Board and the European Central Bank. Equity prices were also helped by the emergence of positive economic news from China - which is a major consumer of Canadian commodities - and by improvements in U.S. housing and employment data. However, gains were moderated somewhat as political wrangling over solutions to the fiscal cliff distracted investors. The S&P/TSX Composite Index rose 1.7 percent over the quarter. Eight of the Index’s ten sectors rose, led by consumer staples, information technology and industrials.
(December 2012)
General Description
| Fund Codes:
|
TDB436
|
| Minimum non-RSP Investment:
|
$ 500.00
|
| Minimum RSP Investment:
|
$ 500.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost if redeemed within 30 days of purchase.
|
|
MER:
|
0.56% MER as of December 31, 2012
|
| Sector Class:
|
Canadian Fixed Income
|
| Inception Date:
|
Nov. 1, 2000
|
| Assets:
|
$ 518.15 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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