Investment Objective
The fundamental investment
objective is to seek to
achieve long-term capital
growth similar to the
performance of one or more
generally recognized U.S.
equity market indices. The
Fund also seeks to eliminate
substantially the Fund's
foreign currency exposure.
Benchmark Statement
S&P 500 Index (Hedged)(C$).
Recommended For
The Fund may be suitable for
medium to long-term investors
who: want to track the returns
of a major U.S. equity index;
are contributing to the growth
component of a diversified
portfolio without substantial
foreign currency exposure; are
willing to accept a moderate
level of risk.
Why Invest
One-step exposure to large,
well-established U.S.
companies.
Low MER.
Seek protection against losses
from declines in the value of
foreign currencies against the
Canadian dollar.
Portfolio Update
Quarterly Update
The S&P 500 Index rose 6
percent during the quarter, in
spite of continued weak global
and domestic economic data, as
investors anticipated strong
policy responses from key
central banks. Those responses
arrived in September as the
U.S. Federal Reserve Board
(the Fed) launched its QE3
program and the European
Central Bank announced plans
to reduce borrowing costs in
the euro zone’s peripheral
countries. Nine of the S&P
500’s ten sectors finished
higher, led by energy,
telecommunication services,
information technology and
consumer discretionary. In
addition to QE3, the Fed kept
rates in the zero to 0.25
percent range and extended the
date for maintaining that
range to mid 2015.
(September 2012)
General Description
| Fund Codes:
|
TDB904
|
| 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:
|
0.51% MER as of December 31, 2012
|
| Sector Class:
|
U.S. Equity
|
| Inception Date:
|
Nov. 26, 1999
|
| Assets:
|
$ 114.80 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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