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Institutional Funds
TD Emerald Canadian Long Bond Broad Market Pooled Fund Trust
Investment Strategy
The portfolio of the Fund consists of Canadian, federal, provincial, municipal and corporate issued bonds and debentures that are selected and weighted to approximate the overall characteristics of the FTSE TMX Canada Long Term Overall Bond Index.
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.
The fund only invests in securities with a minimum BBB (low) credit rating or equivalent at the time or purchase.
Investment Objective
The investment objective of the Fund is to provide performance similar to the performance of the FTSE TMX Canada Long Term Overall Bond Index.
Who Should Invest
The Fund is designed for institutional investors seeking broad exposure to the Canadian long-term bond market.
Fund Facts
| Asset Class | Fixed Income |
| Management Philosophy | Passive |
| Inception Date | May 31, 2006 |
| Benchmark | FTSE Canada Long Term Overall Bond Index |
Details
| NAV($) / Yield (%) | 11.8505 (As of January 23, 2020) |
| Distribution Date | December 31, 2019 |
| Income Distribution | 0.0376 |
| Capital Distribution | 0.2007 |
| Total Distribution | 0.2383 |
| AUM (in millions) | 8,348.80 (As of December 31, 2019) |
| Distribution Frequency | Monthly |
*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 | -2.56 | -1.92 | 12.72 | 12.72 | 6.27 | 6.50 | 5.48 | 5.12 | 7.03 | 6.59 |
| Benchmark | -2.55 | -1.93 | 12.71 | 12.71 | 6.33 | 6.56 | 5.52 | 5.18 | 7.09 | 6.65 |
*Performance as of December 31, 2019. Year To Date - performance based on most recent month-end data.
*Benchmark is FTSE Canada Long Term Overall Bond Index
Note: Fund performance is before fees but after expenses
Yearly Performance
| 2018 | 2017 | 2016 | 2015 | 2014 | |
| Fund | 0.19 | 6.97 | 2.47 | 3.69 | 17.34 |
| Benchmark | 0.31 | 7.03 | 2.47 | 3.80 | 17.48 |