ETF / Commodity

TD Global Carbon Credit Index ETF

Fund Code / Ticker Symbol
TCBN
Closing Price
as of Apr 24, 2025
$35.49

$-0.22  -0.62%

NAV
as of Apr 24, 2025
$35.37

$-0.34 -0.95%

MER
as of Dec 31, 2024
0.73%

Fund Overview

Risk Analysis

Fund Objectives

TD Global Carbon Credit Index ETF seeks to track the performance of a global carbon credit index which measures the investment return of global cap-and-trade carbon emission credits. Currently, the TD ETF seeks to track the Solactive Global Carbon Credit CAD Hedged Index (or any successor thereto).

Investment Approach

The TD Global Carbon Credit Index ETF (""The TD ETF"") will invest directly in carbon emission allowance futures and/or use swap agreements, or some combination thereof, to obtain economic exposure to Carbon Credits. The TD ETF 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 to be included in the Index. The TD ETF may also hold cash and cash equivalents or other money market instruments in order to meet its obligations. Click here for more resources, including articles and podcasts, sector/geography exposures and more.

Key Facts

Portfolio Adviser
TD Asset Management Inc.
Category
Alternative Strategies
Benchmark
Solactive Global Carbon Credit CAD Hedged Index

Benchmark Details

Max Mgmt Fee (%)
0.65
Total Fund Assets (Millions)**
(updated monthly) $3.18
Asset Class
Commodity
Eligibility for Registered Plans
Yes
Ex-Dividend Date
Record Date
Pay Date
Daily Volume
(updated daily) 0
Units Outstanding
(updated daily) 90,000

Performance Overview

Historical Performance (%)

Performance as of Mar 31, 2025
Inception Date: Aug 23, 2022

Calendar Performance (%)

Performance as of Mar 31, 2025

Portfolio Analysis

Asset Mix


  • Sector Mix

    All sectors may not add up to 100% due to rounding.

    Cash and Cash Equivalent
    100.30%
    Other
    -0.30%
  • Fund Geography

    All regions may not add up to 100% due to rounding.

    Canada
    100.10%
    Other European
    0.20%
    Other
    -0.30%
  • Top Ten Holdings

    TRS RRBCAEUE INDEX 17-02-2026
    109.27%
    CASH
    84.7%
    Canada Government 28-Jan-2026
    15.42%
    EUR Currency
    0.22%
    TRS RRBCAEUE INDEX 0.20 % 17-02-2026
    -109.6%

  • Characteristics

    Number of Holdings
    (updated daily)
    5
    Weighted Avg.
    (updated monthly)
  • Trading Information

    Ticker Symbol
    TCBN
    Exchange
    TSX
    Currency
    CAN
    Investment Program (Drip)
    Yes
    CUSIP#
    87251J101
    SEDOL#
    NA
    ISIN
    CA87251J1012

Fund documents and Resources

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Managers

Managing Director, Head of Commodities, TDAM
Managing Director, Head of Asset Allocation, TDAM

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Important Fund Information

NOTE: THIS TD ETF profile (the "Profile") IS NOT A REGULATORY ETF FACTS DOCUMENT AND IS FOR INFORMATIONAL PURPOSES ONLY. In contrast, ETF Facts are prescribed documents that are updated annually or more frequently as required (i.e., if there is an amendment, etc.). To access the ETF Facts, please download it from the Fund Documents and Resources section of the digital fund card page.

The performance and portfolio analysis information displayed in the Profile may have different as of dates as indicated 

The information contained in this Profile is based on information available as at the date indicated on the Profile page and does not necessarily reflect subsequent changes in market conditions. This information has been drawn from sources believed to be reliable. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. This Profile does not provide financial, legal, tax or investment advise. Particular investment, tax, or trading strategies should be evaluated relative to each individual objectives and risk tolerance. 

The Growth Data Table represents a hypothetical investment of the ETF over the last 10 years, or from the last day of the since inception month for ETFs with less than 10 years of performance history.

The Top Ten Holdings may change due to ongoing portfolio transactions within the ETF.

The MER percentage is based on actual expenses reported in the ETF's most recent Semi-Annual or Annual Management Report of Fund Performance. expressed on an annualized basis. 

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and the ETF Facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Index returns do not represent TD ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.  

TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

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