Hello,
I have a TFSA with TD on which I invested $2500 in each of the 4 classic e-series index funds following the couch-potato strategy. To this day, the book values on 3 of the funds remained as $2500 each except for that of the Canadian Bond Index fund. It changed to $2505 for some reason.
Does it have anything to do with inflation?
I used to think that the book value will change only if I invest more or if the return is re-invested. Please explain why the book value on the bond-fund changed like that.
----- happy_guy
I have a TFSA with TD on which I invested $2500 in each of the 4 classic e-series index funds following the couch-potato strategy. To this day, the book values on 3 of the funds remained as $2500 each except for that of the Canadian Bond Index fund. It changed to $2505 for some reason.
Does it have anything to do with inflation?
I used to think that the book value will change only if I invest more or if the return is re-invested. Please explain why the book value on the bond-fund changed like that.
----- happy_guy