Institutional Investing
 

Institutional Funds

TD Emerald Long Private Debt Pooled Fund Trust

Investment Strategy
The Fund seeks to provide income and preserve capital by investing primarily in private debt securities and debt-like instruments which, in the opinion of TD Asset Management Inc., are investment grade quality at the time of purchase. The Fund may also invest in publicly traded fixed income securities in order to provide liquidity and ensure an appropriate level of diversification. The Fund uses a disciplined approach that seeks the maximum yield for a given level of risk by capturing the illiquidity premium associated with private debt securities and by utilizing tactical sources of added value, including foreign private debt securities which will normally be hedged back to Canadian dollars. The duration of the Fund will be maintained within 30% of the benchmark duration.
Investment Objective

The Fund's performance objective is to outperform the FTSE TMX Canada Long Term Overall Bond Index by 0.75% to 1.0% 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.
Fund Facts
Asset ClassPrivate Credit
Management PhilosophyActive Fundamental
Inception DateJune 21, 2016
BenchmarkFTSE Canada Long Term Bond Index
Details
NAV($) / Yield (%)11.7805 (As of September 24, 2020)
Distribution DateDecember 31, 2019
Income Distribution0.2720
Capital Distribution0.0000
Total Distribution0.2720
AUM (in millions)989.58 (As of August 31, 2020)
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
Fund-2.964.506.023.408.287.324.55--5.82
Benchmark-3.012.7810.547.0411.508.605.49--6.47

*Performance as of August 31, 2020. Year To Date - performance based on most recent month-end data.

*Benchmark is FTSE Canada Long Term Bond Index

Note: Fund performance is before fees but after expenses

Yearly Performance
20192018201720162015
Fund11.57-0.848.72--
Benchmark12.710.317.03--
September 27, 2020