Institutional Investing
 

Institutional Funds

TD Emerald 20+ Strip Bond Pooled Fund Trust

Investment Strategy

The portfolio of the Fund consists of Canadian, federal or provincial issued strip bonds that are selected and weighted to approximate the overall characteristics of the FTSE TMX Canada 20+ Strip Bond Index. A strip bond is created from existing conventional bonds by separating each of the coupon payments as well as the principal payment (the residual), from one another. Once stripped, each coupon and the residual can trade as a separate security, allowing the holder to receive a single known payment on a specific date (also known as a "zero coupon" bond). The FTSE TMX Canada 20+ Strip Bond Index is comprised of federal and provincial strip bonds with a term to maturity greater than 20 years.

The Fund is managed based on the philosophy that it is both impractical and financially prohibitive to fully replicate an index in pursuit of market returns. The Fund uses stratified sampling to efficiently achieve index-like returns

Investment Objective

The investment objective of the Fund is to provide performance similar to the performance of the FTSE TMX Canada 20+ Strip Bond Index.

Who Should Invest

The Fund is designed for institutional investors seeking to extend the duration of their fixed income portfolios.

Click here to view Strategy Overview

Fund Facts
Asset ClassFixed Income
Management PhilosophyPassive
Inception DateSeptember 04, 2007
BenchmarkFTSE Canada 20+ Strip Bond Index
Details
NAV($) / Yield (%)10.8637 (As of March 20, 2019)
Distribution DateFebruary 28, 2019
Income Distribution0.0237
Capital Distribution0.0000
Total Distribution0.0237
AUM (in millions)733.39 (As of February 28, 2019)
Distribution FrequencyMonthly

*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
Fund0.615.413.284.026.924.982.148.358.928.18
Benchmark0.605.463.284.427.034.662.158.368.908.15

*Performance as of February 28, 2019. Year To Date - performance based on most recent month-end data.

*Benchmark is FTSE Canada 20+ Strip Bond Index

Note: Fund performance is before fees but after expenses

Yearly Performance
20182017201620152014
Fund-2.4813.093.724.6431.45
Benchmark-2.1413.032.935.1431.66
March 21, 2019