Key stats
About TD TARGET 2026 INVESTMENT GRADE BON UNITS CAD
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Inception date
Apr 9, 2024
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Ordinary Income
Tax on distributions
Ordinary income
Primary advisor
TD Asset Management, Inc.
The ETF is an actively managed fund that seeks to provide income and capital preservation over a pre-determined time horizon by investing in investment grade Canadian corporate bonds with an effective maturity in 2026. The portfolio manager utilizes fundamental credit research and quantitative screens to select securities that provide a high level of interest income. Selected bonds will generally be held until maturity. The fund may also hold money market instruments or other short-term debt securities for cash management. The fund will attempt to minimize reinvestment risk in the year of termination. The fund will terminate on or about November 30, 2026. During the maturity period, the fund's investments will transition to cash and cash equivalents or additional investment-grade corporate bonds maturing in 2026.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.52%
Cash0.48%
Top 10 holdings
Dividends
Dividend payout history