Institutional Investing
 

Institutional Funds

TD Emerald Systematic Alpha U.S. Equity Pooled Fund Trust (US$)

Investment Strategy

The portfolio of the Fund consists primarily of securities which are included in the benchmark. The investment process will utilize a proprietary quantitative model that combines fundamental insight and quantitative rigour to create a multi-factor adaptive model that forecasts the relative attractiveness of securities in the selection universe. Based on the predictions of the model, the portfolio manager will seek to overweight stocks that are expected to outperform and underweight stocks that are expected to underperform, while maintaining overall risk characteristics similar to the benchmark. The Fund is expected to be broadly diversified and comprised of a large number of securities, but will not necessarily include all securities included in the benchmark.

The  enhanced equity strategy is based on the following beliefs:
* Inefficiencies in markets create exploitable market anomalies
* Quantitative investment strategies are well suited to identify and draw on these inefficiencies
* Comprehensive risk management fosters optimal risk-adjusted returns

Investment Objective

The investment objective of the Fund is, over the long term, to enhance the performance of the Fund in relation to the performance of S&P 500 Total Return Index.

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 U.S. in respect of dividend or interest income in the U.S., who are seeking to outperform the S&P 500 Total Return Index - US$ over the long term, while maintaining a risk profile similar to the index.

Click here to view Strategy Overview

Fund Facts
Asset ClassEquity
Management PhilosophyActive Quantitative
Inception DateNovember 30, 2001
BenchmarkS&P 500 TRI (US$)
Details
NAV($) / Yield (%)9.9441 (As of November 18, 2019)
Distribution DateDecember 31, 2018
Income Distribution0.4071
Capital Distribution4.3193
Total Distribution4.7264
AUM (in millions)14.66 (As of October 31, 2019)
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
Fund1.811.4227.0317.7211.2714.7712.4811.5314.538.53
Benchmark2.172.4323.1614.3310.7814.9112.2210.7813.707.78

*Performance as of October 31, 2019. Year To Date - performance based on most recent month-end data.

*Benchmark is S&P 500 TRI (US$)

Note: Fund performance is before fees but after expenses

Yearly Performance
20182017201620152014
Fund-7.6820.3914.154.3015.05
Benchmark-4.3821.8311.961.3813.69
November 19, 2019