Institutional Investing
 

Institutional Funds

TD Emerald Hedged U.S. Equity Pooled Fund Trust II

Investment Strategy

The portfolio of the Fund consists of two components - an S&P 500 stock portfolio and a currency hedge.

The portfolio replicates the S&P 500 Hedged Total Return Index by investing in all constituent stocks of the Index at, or close to benchmark weight. The Fund will also implement a currency hedge by selling foreign exchange forward contracts. The Fund is then able to lock in current exchange forward rates and manage its currency risk. Profits (losses) from the forward contracts are offset by losses (profits) in the value of the currency, thereby minimizing exposure to the currency.

The Fund is managed based on the belief that indexing reduces portfolio risk by investing in a comprehensive range of securities while lowering costs compared with more active approaches.

Investment Objective

The Fund's objective is to track the performance of the S&P 500 Hedged Total Return Index.

Who Should Invest

The Fund is designed for Canadian registered pension plans and qualifying foundations, endowments and charities which are exempt from income tax in Canada and the United States in respect of dividend or interest income earned in the United States, seeking benchmark returns and exposure to a broad base of U.S. equities.

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Fund Facts
Asset ClassEquity
Management PhilosophyPassive
Inception DateDecember 09, 2010
BenchmarkS&P 500 Hedged TR Index - C$
Details
NAV($) / Yield (%)9.6727 (As of June 30, 2020)
Distribution DateDecember 31, 2019
Income Distribution0.2134
Capital Distribution0.1307
Total Distribution0.3441
AUM (in millions)570.93 (As of May 31, 2020)
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
Fund4.732.30-6.3210.526.268.5610.628.64-11.70
Benchmark4.732.33-6.2810.626.358.6310.708.70-11.79

*Performance as of May 31, 2020. Year To Date - performance based on most recent month-end data.

*Benchmark is S&P 500 Hedged TR Index - C$

Note: Fund performance is before fees but after expenses

Yearly Performance
20192018201720162015
Fund29.76-5.7621.1011.330.90
Benchmark29.86-5.7021.1611.400.91
July 02, 2020