Overview
Description
The TD U.S. Equity CAD Hedged Index Fund is a type of mutual fund designed to provide investors with long-term capital growth by replicating the performance of a broadly diversified U.S. equity index, while also hedging Canadian dollar fluctuations against the U.S. dollar. This fund allows Canadian investors to gain exposure to the U.S. stock market while minimizing the impact of exchange rate volatility on returns, which can be particularly advantageous in unstable currency environments. It primarily invests in large-cap U.S. companies, covering vital sectors such as technology, healthcare, financial services, and consumer goods. By maintaining a currency-hedged strategy, the fund seeks to provide a purer representation of U.S. equity market performance without the added complexity of currency risk, making it an attractive option for Canadian investors looking to diversify their portfolios with U.S. equities.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE