Investment Objective
The fundamental investment objective is to seek to achieve long-term capital growth by investing primarily in equity securities of medium sized issuers in the United States.
Benchmark Statement
S&P MidCap 400 Index (C$)
Recommended For
This Fund may be suitable for medium to long-term investors who are seeking exposure to mid-sized growth companies, primarily in the U.S. and are contributing to the growth component of a diversified portfolio. Investors in this Fund should be willing to accept a moderate to high level of risk.
Why Invest
The Fund provides you with the opportunity to gain exposure to U.S. medium-sized companies with above-average earnings growth rates.
The Fund aims to deliver superior returns relative to the investment risk involved.
Portfolio Update
For the quarter ended June 30, 2011, the Fund underperformed the S&P MidCap 400 Index, with both posting negative returns. Broadly speaking, sector allocation accounted for the underperformance, while stock selection was largely neutral. A significant detractor was consumer staples, where stock choices and limited positioning hurt relative results. Industrials and business services hurt as well, due primarily to stock selection. A boost to relative returns came from a strategic emphasis on health care and stock holdings in consumer discretionary sectors. Stock choices in energy also proved beneficial, though a substantial allocation to the sector partly offset that positive effect.
(June 30, 2011)
General Description
| Fund Codes:
|
TDB2525
|
| 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:
|
-
|
| Sector Class:
|
U.S. Small/Mid Cap Equity
|
| Inception Date:
|
Nov. 1, 2000
|
| Assets:
|
$ 134.19 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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