Investment Objective
The fundamental investment
objective is to generate long-
term capital growth while also
providing the opportunity to
earn some interest and
dividend income. The
Portfolio invests primarily in
securities of other mutual
funds, with an emphasis on
mutual funds which focus on
equities for greater potential
capital growth. 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
40% DEX Universe Bond Index, 40%
MSCI World Index (ND, C$), 20%
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 long term
growth of capital and income;
are willing to accept a low to
moderate degree of risk; have
a medium to long term
investment time horizon.
Why Invest
Constructed using a blend of
equities and fixed income, the
TD FundSmart Managed Balanced
Growth Portfolio provides a
balance between long-term
capital appreciation and the
opportunity for income.
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
Canadian equities rose over the quarter amid positive economic news from China and 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 sectors rose, led by consumer staples, information technology and industrials. 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.
(December 2012)
General Description
| Fund Codes:
|
TDB669
|
| Minimum non-RSP Investment:
|
$ 250000.00
|
| Minimum RSP Investment:
|
$ 25000.00
|
| Minimum Subsequent Investment:
|
$ 5000.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost if redeemed within 30 days of purchase.
|
|
MER:
|
2.33% MER as of December 31, 2012
|
| Sector Class:
|
Global Neutral Balanced
|
| Inception Date:
|
Nov. 5, 2007
|
| Assets:
|
$ 349.68 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$250
|
|
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