Institutional Investing
 

Institutional Funds

TD Emerald Active Fixed Income Fund

Investment Strategy

The Fund uses a disciplined approach that seeks to capture the greatest compensation for a given level of risk. Our active fundamental approach relies on the use of extensive independently researched credit to ensure issuer risk is appropriately characterized, and on the portfolio management team to price the risk through sound yield and credit curve analysis. The strategy seeks to enhance returns beyond the defined benchmark utilizing diverse and tactical sources of added value. This strategy primarily invests in Canadian investment grade bonds and is designed to strive to consistently add incremental value over the long term.

Investment Objective

The investment objective of the Fund is to outperform the FTSE TMX Canada Universe Bond Index by 0.50% per annum over the long-term.

Who Should Invest

The Fund is designed for institutional investors who wish to achieve long-term performance in excess of the FTSE TMX Canada Universe Bond Index through active fundamental fixed income management.

Click here to view Strategy Overview

 

* The TD Lancaster Fixed Income Fund II was renamed to TD Emerald Active Fixed Income Fund effective January 15, 2015.

Fund Facts
Asset ClassFixed Income
Management PhilosophyActive Fundamental
Inception DateJune 30, 1989
BenchmarkFTSE Canada Universe Bond Index
Details
NAV($) / Yield (%)12.7628 (As of January 21, 2019)
Distribution DateDecember 31, 2018
Income Distribution0.3415
Capital Distribution0.0000
Total Distribution0.3415
AUM (in millions)1,492.38 (As of December 31, 2018)
Distribution FrequencyAnnual

*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
Fund1.291.551.351.352.062.112.403.565.167.21
Benchmark1.361.761.411.411.961.862.273.544.166.99

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

*Benchmark is FTSE Canada Universe Bond Index

Note: Fund performance is before fees but after expenses

Yearly Performance
20172016201520142013
Fund2.782.193.298.35-0.63
Benchmark2.521.663.528.79-1.19
January 22, 2019