Investment Strategy
The Fund aims to provide broad exposure to the international equity market by closely matching key attributes of the MSCI EAFE ND Index – Hedged C$. The Fund holds units in the fully replicated TD Emerald International Equity Index Fund. Foreign currency exposure is substantially hedged to Canadian dollars using currency forwards. 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 MSCI Europe, Australasia and Far East Index or any other index determined by TD Asset Management Inc. (TDAM) used to track the performance of EAFE equity securities (the "EAFE Index"), hedged into Canadian dollars.
Who Should Invest
The Fund is designed for institutional investors seeking cost-effective passive foreign equity exposure without currency risk.
Fund Facts
International Equity |
Passive |
June 30, 1999 |
MSCI EAFE Hedged to CAD |