Investment Objective
The fundamental investment
objective is primarily to seek
to provide income. A
secondary focus is to provide
a modest potential for long-
term capital growth. The Fund
invests the majority of its
assets in securities of other
mutual funds, with an emphasis
on mutual funds with income-
generating potential.
Benchmark Statement
80% DEX Universe Bond Index, 10%
S&P/TSX Composite Total Return,
10% MSCI World Index (C$)
Recommended For
The Fund may be suitable for
medium-term investors who:
prefer to have professional
managers determine the
selection and composition of
their investments, as well as
provide ongoing monitoring
services; want mostly income
combined with a modest amount
of capital growth; can handle
small changes in the value of
their investment
Why Invest
Portfolio Update
Quarterly Update
Overall, Canadian bonds generated modestly positive returns for the quarter. Both government and corporate bonds gained, with corporates outperforming their government counterparts. Corporate bonds continued to benefit from higher relative yields and strong company balance sheets, while government bonds benefitted as some investors continued to seek safe havens for their capital. The Bank of Canada (the BoC) held the overnight rate at 1.00 percent in its December 4 policy announcement. It noted that third quarter economic activity was weak, but it continues to expect that economic growth, driven by consumption and business investment, will improve during 2013.
(December 2012)
General Description
| Fund Codes:
|
TDB2440
|
| 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:
|
1.53% MER as of December 31, 2012
|
| Sector Class:
|
Canadian Fixed Income Balanced
|
| Inception Date:
|
Nov. 28, 2011
|
| Assets:
|
$ 750.57 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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