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Institutional Funds
TD Emerald Low Volatility U.S. Equity Pooled Fund Trust
Investment Strategy
The Fund intends to achieve its objective by investing primarily in U.S. securities subject to investment restrictions of the Fund. The fund is not expected to include all securities in the S&P 500 and could also include securities in the broader S&P Composite 1500 universe. Thus the tracking error relative to the S&P 500 Index is expected to be relatively high even though the standard deviation of return is expected to be less than that of the S&P 500 Index.
Investment Objective
The investment objective of the Fund is to provide a better risk-adjusted total return than a capitalization weighted market index such as the S&P 500 Index, used to track the performance of U.S. equity securities over a full market cycle.
Who Should Invest
The Fund is designed for Canadian registered pension plans, qualifying foundations, endowments and charities which are exempt from income tax in Canada and income tax in the United States in respect of dividend or interest income in the United States, who are seeking a broadly diversified portfolio with a better risk- adjusted return than the S&P 500 Total Return Index - US$.
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Fund Facts
| Asset Class | Equity |
| Management Philosophy | Active Quantitative |
| Inception Date | May 04, 2015 |
| Benchmark | S&P 500 Total Return Index (USD) |
Details
| NAV($) / Yield (%) | 7.6355 (As of January 23, 2020) |
| Distribution Date | December 31, 2019 |
| Income Distribution | 0.5887 |
| Capital Distribution | 5.1458 |
| Total Distribution | 5.7345 |
| AUM (in millions) | 33.38 (As of December 31, 2019) |
| Distribution Frequency | Annual |
*Rates of return are time-weighted, reflecting income during the period but do not include any deduction for management fees.
Performance
| 1 M | 3 M | YTD | 1 Y | 2 Y | 3 Y | 4 Y | 5 Y | 10 Y | Since Inception | |
| Fund | 2.26 | 1.93 | 28.26 | 28.26 | 12.70 | 13.74 | 14.75 | - | - | 13.00 |
| Benchmark | 3.02 | 9.07 | 31.49 | 31.49 | 12.13 | 15.27 | 14.43 | - | - | 11.81 |
*Performance as of December 31, 2019. Year To Date - performance based on most recent month-end data.
*Benchmark is S&P 500 Total Return Index (USD)
Note: Fund performance is before fees but after expenses
Yearly Performance
| 2018 | 2017 | 2016 | 2015 | 2014 | |
| Fund | -0.98 | 15.86 | 17.82 | - | - |
| Benchmark | -4.38 | 21.83 | 11.96 | - | - |