Investment Objective
The fundamental investment
objective is to seek to provide
a consistent level of monthly
income with capital appreciation
as a secondary objective, by
investing primarily in income-
producing securities.
Benchmark Statement
40% DEX Universe Bond Index;
50% S&P/TSX Sector Indices
(Financials, Utilities,
Telecommunication Services,
Industrials, Consumer Staples,
Consumer Discretionary, and
the Oil and Gas Storage &
Transportation sub industry -
weighted by size of sector at
beginning of each month); 10%
BMO Capital Markets 50
Preferred Share Index
Recommended For
This Fund may be suitable for
medium to long-term investors
who are seeking a consistent
level of monthly income with a
moderate degree of capital
growth. Investors in this Fund
should be willing to accept a
low to moderate level of risk.
Why Invest
You can achieve
diversification across all
major domestic asset classes
with this one Fund.
The Fund can be an ideal
solution if you
want the simplicity of
investing in just
one fund or if you have a
limited amount
to invest.
The Fund aims to deliver
superior returns
relative to the investment
risk involved.
Portfolio Update
Quarterly Update
Canadian equities rose over the quarter as investor confidence continued to be buoyed by strong policy responses from the U.S. Federal Reserve Board and the European Central Bank. In the Fund, financial stocks boosted performance due to overweight exposure, while utilities, which took a pause during the quarter, detracted. Energy stocks in the Fund performed positively as a whole, but stock selection detracted from added value. Underweight exposure to preferred shares helped performance relative to the benchmark. The portfolio adviser anticipates that equities will outperform bonds and companies that can grow dividends alongside earnings will continue to do well as interest rates remain low.
(December 2012)
General Description
| Fund Codes:
|
TDB622
|
| Minimum non-RSP Investment:
|
$ 100.00
|
| Minimum RSP Investment:
|
$ 100.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost
if redeemed within 30 days of
purchase.
|
|
MER:
|
1.48% MER as of December 31, 2012
|
| Sector Class:
|
Canadian Equity Balanced
|
| Inception Date:
|
Jun. 29, 1998
|
| Assets:
|
$ 7240.83 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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