Inexpensive TD Managed Index-e portfolio's are also readily available.
http://www.tdcanadatrust.com/mutualfunds/prices_MAP.jsp
TD MAP e-Series
TD Managed Index Aggressive Growth -e
TD Managed Index Balanced Growth -e
TD Managed Index Income -e
TD Managed Index Income & Moderate Growth -e
TD Managed Index Maximum Equity Growth -e
More detail below on one of the TD Managed e-Series Index Fund portfolios from their web site.
TD Managed Index Balanced Growth -e
Investment Objective
The fundamental investment objective is to generate long-term capital growth while also providing the opportunity to earn some interest and dividend income. The Portfolio invests primarily in units of TD Index Mutual Funds, with an emphasis on mutual funds which focus on equities for greater potential capital growth. The Portfolio may also invest directly in guaranteed investment certificates, bonds issued by the Canadian or provincial governments and Strip Bonds. The fundamental investment objective may only be changed with the approval of a majority of unitholders at a meeting called for that purpose.
Benchmark Statement
40% DEX Universe Bond Index; 17% S&P/TSX Composite Index; 43% Morgan Stanley Capital International World Index (C$).
Recommended For
The Portfolio may be suitable for investors who: are seeking an increased exposure to international markets; prefer to have professional managers determine the selection and composition of their investments, as well as provide ongoing monitoring services; want long term growth of capital, and income; are willing to accept a low to moderate degree of risk; have a medium to long term investment time horizon.
Why Invest
Constructed using a blend of equities and fixed income, the TD Managed Index Balanced Growth Portfolio provides a balance between long-term capital appreciation and the opportunity for income.
The TD Managed Assets Program is a professionally constructed, managed and monitored solution, designed to moderate the effect of market volatility through multi-facet diversification.
Portfolio Update
Overall, Canadian bonds gained in value in March. Corporate bonds outperformed government bonds during the month and the first quarter of 2009, as corporate credit spreads came in. Canadian corporate credit spreads narrowed thanks to a more positive tone in the market so far this year, with trading activity and liquidity improving slightly. Canadian stocks rallied last month, ending a six-month losing streak, on optimism action by policy makers may help revive global credit markets and restore confidence in the financial system. The S&P/TSX Composite Index rose, with seven of ten sectors advancing, led by financials, energy and information technology. South of the border, the S&P 500 Index posted its best monthly performance since October 2002 with all ten sectors advancing. Meanwhile, European stock markets enjoyed their first monthly gain since last August, as aggressive quantitative easing by major central banks provided a positive backdrop for equities. Japanese shares also rose sharply in March, amid optimism the government was expected to announce further stimulus measures to help lift the economy out of recession.
(March 31, 2009)
General Description
Fund Codes: TDB852
Minimum non-RSP Investment: $ 2000.00
Minimum RSP Investment: $ 2000.00
Minimum Subsequent Investment: $ 100.00
Early Redemption: Up to 2.00% of purchase cost if redeemed within 90 days of purchase.
MER: 1.27% as of June 30, 2008.
Sector Class: Global Neutral Balanced
Inception Date: Nov. 26, 1999
Assets: $ 40.55 million as of May 31, 2009.
Minimum PPP Amount: $25.00