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About TD ACTIVE US HIGH YIELD BD ETF UNIT
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Inception date
Nov 19, 2019
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Primary advisor
TD Asset Management, Inc.
The fund seeks to earn income by primarily focusing on US corporate bonds that are rated BB+ to B- by nationally rated credit agencies at the time of purchase. The fund may continue to hold bonds that have been downgraded from B- and upgraded from BB+ after purchase if deemed beneficial for the overall portfolio. Securities are selected based on a methodical risk/return analysis that hopes to capture long-term returns from the largest issuers of the US high-yield bond market. The fund adviser believes that emphasizing credit fundamentals of the largest high-yield bond issuers in the context of a global macroeconomic environment will add value to the funds long-term performance. TUHY is generally a buy-and-hold investment, and is rebalanced on a quarterly basis. The fund may also hold other income-generating securities from US issuers.
Classification
What's in the fund
Exposure type
Corporate
Stocks1.83%
Industrial Services1.81%
Bonds, Cash & Other98.17%
Corporate97.88%
Miscellaneous1.21%
Cash−0.92%
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