Investment Objective
The fundamental investment
objective is to seek to earn a
high rate of interest income
by investing primarily in
Canadian dollar-denominated,
investment-grade debt
instruments. The Fund may,
from time to time, also seek
added value from non-Canadian
and/or non-investment-grade
debt instruments to enhance
total return.
Benchmark Statement
DEX Universe Bond Index
Recommended For
The Fund may be suitable for
medium to long-term investors
who are: seeking a high level of
income, contributing to the
income component of a
diversified portfolio, willing
to accept a low to moderate
level of risk.
Why Invest
Leverages the skill and
expertise of a Portfolio
Management team who also
manage the award-winning funds
TD Short Term Bond Fund and TD
Canadian Bond Fund at TD Asset
Management Inc. (TDAM).
Utilizes extensive “in house”
credit research team to
identify fixed-income
opportunities that exhibit a
superior risk profile.
Exposure to fixed income
products around the world
provides geographic
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. Over the quarter, mid-term bonds were the best performers, although short- and long-term bonds also gained. The portfolio adviser continues to keep the duration slightly shorter than benchmark to mitigate the risk of higher yields should they occur. Nonetheless, yield remains higher than benchmark.
(December 2012)
General Description
| Fund Codes:
|
TDB2003
|
| Minimum non-RSP Investment:
|
$ 100000.00
|
| Minimum RSP Investment:
|
$ 100000.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost
if redeemed within 30 days of
purchase.
|
|
MER:
|
1.11% MER as of December 31, 2012
|
| Sector Class:
|
Canadian Fixed Income
|
| Inception Date:
|
Sep. 7, 2010
|
| Assets:
|
$ 5318.36 million as of May 31, 2013.
|
| Minimum PPP Amount:
|
$100.00
|
|
News
Sorry there are no news articles available.
Downloads
Internet Security
