Institutional Investing
 

Institutional Funds

TD Emerald Enhanced Real Return Bond Overlay Pooled Fund Trust

Investment Strategy

The Fund seeks to provide investors with the benefits of flexibility and cost effectiveness within a transparent fund structure, to gain exposure to two times the benchmark through the use of repurchase and reverse repurchase agreements. A provincial spread overlay strategy will be implemented on top of the RRB exposure to seek to  capture the higher Provincial bond yield above the Federal bond yield and will be actively managed to help add additional absolute returns and improve the expected risk-adjusted returns.

Investment Objective

The investment objective of the Fund is to seek to provide a return in excess of 2 times the return of the Government of Canada Real Return bond market, net of funding costs and other expenses, in order to provide a hedge against liabilities of an investor that is sensitive to changes in real interest rates.

Who Should Invest

The Fund is designed for Canadian pension plans seeking to better match the interest rate exposure associated with their pension liabilities by increasing their real return fixed income exposure.

 

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Fund Facts
Asset ClassFixed Income
Management PhilosophyActive Fundamental
Inception DateAugust 15, 2018
Benchmark2 x FTSE Canada Real Return Bond Index - 1 Month CDOR
Details
NAV($) / Yield (%)10.0000 (As of -)
Distribution DateDecember 31, 2018
Income Distribution0.1823
Capital Distribution0.0000
Total Distribution0.1823
AUM (in millions)26.28 (As of December 31, 2018)
Distribution Frequency-

*Rates of return are time-weighted, reflecting income during the period but do not include any deduction for management fees.

Performance
1 M3 MYTD1 Y2 Y3 Y4 Y5 Y10 YSince Inception
Fund1.61-4.65--------6.35
Benchmark2.79-2.92--------4.85

*Performance as of December 31, 2018. Year To Date - performance based on most recent month-end data.

*Benchmark is 2 x FTSE Canada Real Return Bond Index - 1 Month CDOR

Note: Fund performance is before fees but after expenses

Yearly Performance
20172016201520142013
Fund-----
Benchmark-----
January 22, 2019