A TD Comfort Portfolio is a collection of TD Mutual Funds. By investing in many mutual funds, you are spreading your money out across various investment types, reducing your overall portfolio risk. Best of all, the funds included in TD Comfort Portfolios are professionally selected and managed for you, so you don't have to do the work.
It's best to spread your money across a number of investments so all your eggs aren't in one basket. That's why Comfort Portfolios contain carefully selected, high-quality mutual funds.
A Mutual Funds Representative with TD Investment Services Inc. will help you choose the portfolio that is best suited to meet your investment goals and tolerance for risk, and then a Portfolio Manager will watch over your investment to help keep you on track.
There are no set-up fees, commissions or sales charges - maximizing your potential return. And our Pre-Authorized Purchase Plan is a great way to invest regularly, without even thinking about it.
A mutual fund is a good investment option if you're looking to reach your savings goal in the:
TD Comfort Portfolios make it easy to plan for the future. Each TD Comfort Portfolio contains professionally selected mutual funds to meet your needs. Whether you are looking for a conservative or aggressive growth strategy, with clear and simple advice a
We've provided answers to some of the most common questions people have about mutual funds.
The Six Steps to Building a Financial Plan is an effective way to get started on the road toward financial peace of mind.
Once you have a better idea of where you are now and where you want to be in the future, we recommend that you work with a
You'll benefit from a diversified portfolio that reflects your personal investment needs and objectives.
Once you've created a personalized investment portfolio, you can conveniently access your account - as well as make account transactions - anywhere, anytime.
EasyWeb Internet Access is available 24 hours a day, seven days a week - free of charge. The cut-off time for online Mutual Funds transactions is 3 p.m. ET. Any transaction after this time will be processed as of the next valuation day.
EasyLine, a fully automated touchtone telephone service provided by
Or simply visit any
Since mutual funds qualify as securities and not deposits, they are not guaranteed, their values change frequently and past performance may not be repeated.
However, fund managers and the funds themselves operate under strict securities regulations. For example, mutual funds are owned by the unitholders (people who own the mutual fund) and are separate legal entities from the companies that operate them. Securities legislation also requires that mutual fund assets be held in trust by a custodian on behalf of unitholders.
You can choose funds that invest in money market investments such as government issued treasury bills, income investments such as bonds, or equity investments such as stocks of corporations, both domestic and international.
Some funds are broadly diversified, while others target an asset class or a specific sector of the economy, such as international bonds or science and technology stocks. Others aim to replicate the performance of a well-known index, such as the S&P/TSX Composite Index in Canada or Standard & Poor's (S&P) 500 in the United States.
While there are hundreds of choices, each mutual fund will fall into one of the three main asset classes: safety, income or growth. Or, you can choose a balanced fund which is actively managed to maintain a mix of various asset classes.
The minimum initial investment for TD Mutual Funds is $100 for a non-registered account and $100 for an RSP account. The minimum subsequent investment is $100 for both types of accounts.
A TD Mutual Funds Pre-Authorized Purchase Plan is a convenient and affordable way to build your savings. You can start with as little as $25 per fund per transaction and this amount can be automatically deducted from your bank account on a weekly, bi-weekly, semi-monthly, monthly, quarterly, semi-annual, or annual basis.
Transfers between TD Mutual Funds are free, however, a 2% early redemption fee is payable to all funds except money market funds if you transfer or sell units of these funds within 30 days (90 days for
Frequent trading can hurt a fund's performance by forcing the portfolio manager to keep more cash in the fund than would otherwise be needed or to sell investments at an inappropriate time. It may also increase a fund's transaction costs.
Mutual funds are sold through registered Mutual Funds Representatives or other registered advisors with mutual fund or securities dealers associated with banks, trust companies and insurance companies in Canada.
At TD, you can purchase
Net income and net realized capital gains earned by a mutual fund are generally passed on to investors in the form of distributions. The frequency of distributions will vary depending on the mutual fund but will generally be monthly, quarterly or annually.
You can also earn a capital gain when you sell your mutual fund or switch from one mutual fund to another at a price higher than you paid.
The tax treatment of distributions received or capital gains realized will depend upon the type of account in which you hold the investment.
If you hold a mutual fund in a registered plan (such as an RSP, RIF, RESP or TFSA) distributions paid by a mutual fund and any capital gains realized are generally sheltered from tax. Any amount you withdraw from a registered plan (excluding a TFSA) is generally fully taxable. Amounts withdrawn from a TFSA are not taxable.
If you hold a mutual fund in a non-registered account, distributions paid by the mutual fund are taxable whether they are received in cash or reinvested into the mutual fund. You will receive a T3 Supplementary/Relevé 16 tax slip which will tell you the amount and type of income to report on your tax return. You must also include in your taxable income any capital gains realized from selling or switching your mutual fund. It's up to you to calculate and report the capital gains you realize on your transactions. Although an official tax slip is not required, mutual fund companies are required to report all sales or switches to Canada Revenue Agency.
Book value is the original cost of purchases and reinvested distributions minus the average cost of any redemptions. Average cost per unit is used to calculate any capital gains or losses you may earn when you sell or transfer units of a fund you hold in a non-registered account. The average cost per unit is the book value of your fund divided by the number of units you hold.
Technically speaking, there's a difference between a global fund and an international fund, from a North American perspective. A global fund may invest in all the markets of the world, including North America, whereas an international fund generally excludes North America.
While past performance does not guarantee future growth, annualized returns for different periods (e.g. 1-year, 3-years, 5-years, 10 years) are often used to compare funds and the quality of their management. Most major daily newspapers publish mutual funds performance tables each month for periods ranging from one month to 10 years or more.
Comparing a fund with others in its peer group is a good way to evaluate past performance. Mutual fund tables make it easy by grouping similar funds together. The ability to consistently outperform its peers is one sign of a good-quality fund.
To make a fair comparison, it is important to recognize that all funds in one category are not the same. For example, some Canadian equity funds are managed conservatively, while others aggressively pursue growth. One fund manager may emphasize longer-term value, while another may actively trade investment positions at different times in the market cycle. If in doubt, find out from the fund company, the simplified prospectus or the fund facts sheet, what the fund's investment objectives are and how the fund is managed. While some performance numbers can be very attractive, you may discover that the fund's investments are too risky for you.
While market timing is not illegal, our funds are designed for long-term mutual fund investors. TDAM started to charge an early redemption fee (ERF) for most
Profits earned from the sale of real estate, securities, mutual funds or other capital assets.
Growth stocks are equity shares of companies whose earnings are expected to increase at an above-average rate. Low dividend yields and relatively high price/earnings ratios often typify growth stocks. Their prices reflect investors' belief in their future earnings in growth.
This individual or team of individuals manages a mutual funds portfolio of stocks, bond and other securities. The portfolio manager decides when to buy or sell the securities held in the mutual fund. The portfolio manager is paid an annual management fee for his or her services. A portfolio manager is also called a fund manager, money manager or a mutual fund manager.
The possibility of losses being suffered or the uncertainty of future returns. Risk can take several forms, some of which are financial risk, political risk, operational risk, environmental risk.
A return on your investment in various forms. Typically, yield is expressed as a percentage and annual figure.