TDAM introduces new mutual funds and US dollar purchase options for investors
The active management approach aims to strategically respond to market events and seek higher yields while managing declining yield risk in the final year of maturity.
The TD Global Technology Leaders Index Fund tracks the performance of a global equity index focused on mid- and large-cap technology issuers, while the TD Preferred Share Fund primarily invests in Canadian-listed preferred shares and income-producing securities.
Additionally, TD Canadian Long Term Federal Bond Fund and TD US Long Term Treasury Bond Fund are now available in D-Series, aligning with TD Canadian Long Term Federal Bond ETF (TCLB) and TD US Long Term Treasury Bond ETF (TULB).
These funds focus on earning a high rate of interest income from longer-dated securities in their respective markets.
With the introduction of these US$ purchase options, investors can now further customise their portfolios with the F-Series and Advisor Series of TD US Equity Focused Fund and F-Series of TD US Index Fund, available in US dollars.