Key stats
About TD CDN LONG TERM FED BD ETF UNIT NEW
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Inception date
Nov 19, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
TD Asset Management, Inc.
The fund seeks to earn income through an actively-managed portfolio of semi-annual pay fixed rate bonds issued by the government of Canada. Such bonds are those with a maturity greater than 10 years to achieve an overall target duration of 15 years. From time to time, holdings may also include Canadian government bonds with 7-10 years maturities if deemed beneficial for the overall portfolio. The fund adviser utilizes an optimized approach that considers issue size and liquidity to determine investment opportunities. The portfolio is rebalanced on a quarterly basis to its target duration range.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
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.
Related funds
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.
TCLB trades at 117.95 CAD today, its price has risen 0.04% in the past 24 hours. Track more dynamics on TCLB price chart.
TCLB net asset value is 118.32 today — it's fallen 0.73% 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.
TCLB assets under management is 730.44 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.
TCLB price has fallen by −0.46% over the last month, and its yearly performance shows a 3.05% increase. See more dynamics on TCLB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.73% over the last month, have fallen by −0.73% over the last month, showed a −4.19% decrease in three-month performance and has increased by 6.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.73% over the last month, have fallen by −0.73% over the last month, showed a −4.19% decrease in three-month performance and has increased by 6.78% in a year.
TCLB fund flows account for −1.10 B 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.
TCLB invests in bonds. See more details in our Analysis section.
TCLB expense ratio is 0.23%. 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, TCLB 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, TCLB technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TCLB shows the sell signal. See more of TCLB technicals for a more comprehensive analysis.
Today, TCLB technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TCLB shows the sell signal. See more of TCLB technicals for a more comprehensive analysis.
Yes, TCLB pays dividends to its holders with the dividend yield of 3.01%.
TCLB trades at a premium (0.31%).
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.
TCLB shares are issued by The Toronto-Dominion Bank
TCLB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 19, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.