TD Canadian Long Term Federal Bond ETF
TD Canadian Long Term Federal Bond ETF (TCLB.TO) Company Profile & Overview
Explore TD Canadian Long Term Federal Bond ETF’s business operations, leadership, sector classification, and key company facts including IPO date, industry, and contact details.
TD Canadian Long Term Federal Bond ETF (TCLB.TO) Company Profile & Overview
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.