Key stats
About TD GLOBAL CARBON CR INDEX ETF UNIT CAD
Home page
Inception date
Aug 23, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Primary advisor
TD Asset Management, Inc.
The ETF invests directly in carbon emission allowance futures and swap agreements, to provide economic exposure to Carbon Credits. It will initially obtain exposure to carbon credits that trade on the European Union Emission Trading System (EU ETS) and in the future, may provide exposure based on carbon credits that trade on other global ETS's as they develop and offer sufficient liquidity. The index and fund do not target a specific contract duration. Weighting of the underlying contracts occurs on the last trading day of the month with selection of the contracts occurring the following trading day. The closing level of the underlying index is based on the closing prices of the underlying contracts at the 4:00 pm London time WM Spot and Forward Fixings. The fund hedges currency exposure to CAD using one-month currency forward contracts. Additional positions in derivatives and swaps may be used to gain exposure or hedge overall portfolio exposure. Cash and cash equivalents or other money market instruments may be held in the portfolio to meet fund obligations.
Related funds
Classification
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash89.61%
Government13.91%
Miscellaneous−3.51%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TCBN trades at 41.04 CAD today, its price has risen 2.22% in the past 24 hours. Track more dynamics on TCBN price chart.
TCBN net asset value is 39.35 today — it's risen 3.25% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TCBN assets under management is 3.66 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TCBN price has risen by 3.93% over the last month, and its yearly performance shows a 6.51% increase. See more dynamics on TCBN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.25% over the last month, showed a 2.77% increase in three-month performance and has increased by 5.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.25% over the last month, showed a 2.77% increase in three-month performance and has increased by 5.58% in a year.
TCBN fund flows account for 0.00 CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TCBN invests in cash. See more details in our Analysis section.
TCBN expense ratio is 0.71%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TCBN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TCBN technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TCBN shows the buy signal. See more of TCBN technicals for a more comprehensive analysis.
Today, TCBN technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TCBN shows the buy signal. See more of TCBN technicals for a more comprehensive analysis.
No, TCBN doesn't pay dividends to its holders.
TCBN trades at a premium (4.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TCBN shares are issued by The Toronto-Dominion Bank
TCBN follows the Solactive Global Carbon Credit CAD Hedged Index - CAD - Benchmark TR Net Hedged. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 23, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.