Institutional Funds

TD Emerald Private Debt Pooled Fund Trust

Investment Strategy

The Fund uses a disciplined approach that seeks to capture the greatest compensation for a given level of risk and seeks to provide returns in excess of the defined benchmark by capturing the illiquidity premium associated with private debt and by utilizing tactical sources of added value. TDAM has built a team of dedicated analysts that are experienced in sourcing, assessing and structuring private debt deals.

Investment Objective

The Fund's performance objective is to outperform the FTSE TMX Canada Universe Bond Index by 1.0% to 1.5% per annum, over a 4 year rolling period.

Who Should Invest

The Fund is designed for institutional investors seeking the incremental income associated with illiquid private debt securities and preservation of capital over the long term.

Click here to view Strategy Overview

Fund Facts

Asset Class	Fixed Income
Management Philosophy	Active Fundamental
Inception Date	July 13, 2016
Benchmark	FTSE Canada Universe Bond Index

Details

NAV($) / Yield (%)	10.4591 (As of January 23, 2020)
Distribution Date	December 31, 2019
Income Distribution	0.0923
Capital Distribution	0.0117
Total Distribution	0.1040
AUM (in millions)	502.36 (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	-0.54	-0.23	9.10	9.10	5.00	4.87	-	-	-	3.66
Benchmark	-1.19	-0.85	6.87	6.87	4.10	3.57	-	-	-	2.19

*Performance as of December 31, 2019. 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

	2018	2017	2016	2015	2014
Fund	1.05	4.61	-	-	-
Benchmark	1.41	2.52	-	-	-