Investment Objective
The fundamental investment objective is to seek to provide monthly income with capital appreciation as a secondary objective, by investing primarily in income-producing securities.
Benchmark Statement
50% S&P/TSX Composite Index; 40% DEX All Corporate Bond Index; 10% MSCI World High Dividend Yield Index (C$, ND)
Recommended For
This Fund may be suitable for medium to long-term investors who are: seeking income with a moderate degree of capital growth; willing to accept a low to moderate level of risk.
Why Invest
The Fund aims to deliver superior returns
relative to the investment risk involved
Focus on generating a high and consistent
level of monthly income.
Investors can achieve diversification across
all major domestic asset classes and some
foreign exposure with this one Fund.
Portfolio Update
Canadian equity markets rose in July as concerns about sovereign debt and the global economy waned. Nine of the 10 S&P/TSX Composite Index sectors rose. The only sector to decline was materials, due to a fall in the price of gold and gold stocks. Consumer staples, utilities and industrials were the best-performing sectors. The Fund benefited from its significant weighting in financials and stock selection in the materials sector also added value. The portfolio adviser anticipates that high-quality dividend-paying stocks and income trusts will continue be attractive investments in this volatile, low interest rate environment.
(July 31, 2010)
General Description
| Fund Codes:
|
TDB614
|
| Minimum non-RSP Investment:
|
$ 5000.00
|
| Minimum RSP Investment:
|
$ 5000.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost if redeemed within 30 days of purchase.
|
|
MER:
|
0.84% as of December 31, 2009.
|
| Sector Class:
|
Canadian Equity Balanced
|
| Inception Date:
|
Sep. 4, 2007
|
| Assets:
|
$ 542.29 million as of Aug. 31, 2010.
|
| Minimum PPP Amount:
|
$25.00
|
|
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