Key stats
About TD GLOBAL CARBON CR INDEX ETF UNIT CAD
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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.
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
Cash
Government
Bonds, Cash & Other100.00%
Cash89.61%
Government13.91%
Miscellaneous−3.51%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TCBN assets under management is 3.66 M CAD. It's risen 4.04% over the last month.
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.
No, TCBN doesn't pay dividends to its holders.
TCBN shares are issued by The Toronto-Dominion Bank under the brand TD. The ETF was launched on Aug 23, 2022, and its management style is Passive.
TCBN expense ratio is 0.71% meaning you'd have to pay 0.71% of your investment to help manage the fund.
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.
TCBN invests in cash.
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 trades at a premium (4.29%) meaning the ETF is trading at a higher price than the calculated NAV.