Investment Objective
The fundamental investment
objective is to provide high
level of after-tax income and
steady growth by investing
primarily in high-quality, high-
yield equity securities and
other income-producing
instruments of Canadian issuers.
Benchmark Statement
60% S&P/TSX Sector Indices
(Financials, Utilities,
Telecommunication Services);
40% S&P/TSX 60 Index
Recommended For
This Fund may be suitable for
medium to long-term investors
who are more interested in
growth than income, want to
maximize after-tax income 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
The Fund aims for relatively
strong
performance with lower
volatility than a typical
Canadian equity fund over the
long term.
The focus on Canadian
dividends and capital
gains may result in more
favourable tax treatment than
interest income and foreign
income.
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. The Fund’s performance was helped significantly by an underweight position in materials, which had a weak quarter, and by good stock selection in industrials. Energy stocks in the Fund performed positively as a whole, but stock selection detracted from added value. The portfolio adviser anticipates that companies that can grow dividends alongside earnings will continue to do well as interest rates remain low.
(December 2012)
General Description
| Fund Codes:
|
TDB299
|
| 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:
|
0.88% MER as of December 31, 2012
|
| Sector Class:
|
Canadian Dividend & Income Equity
|
| Inception Date:
|
Sep. 4, 2007
|
| Assets:
|
$ 5450.22 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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