ETF / Equity

TD Global Technology Leaders Index ETF

Fund Code / Ticker Symbol
TEC
Closing Price
as of Sep 17, 2024
$39.13

$+0.07  +0.18%

NAV
as of Sep 17, 2024
$39.04

$+0.02 +0.05%

MER
as of Dec 31, 2023
0.39%

Fund Overview

Risk Analysis

Fund Objectives

TD Global Technology Leaders Index ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a global equity index which measures the investment return of global mid- and large-capitalization issuers related to technology. Currently, this ETF seeks to track the Solactive Global Technology Leaders Index (CA NTR) (or any successor thereto), an index calculated by Solactive AG which tracks the performance of securities of global mid- and large-capitalization issuers that are related to technology.

Investment Approach

The portfolio managers seek to achieve the investment objective by investing in and holding a proportionate share or a sampling of the constituent securities of the applicable index.TEC may also invest in other securities to obtain exposure to the constituent securities of the applicable index in a manner that is consistent with its investment objective.TEC may hold cash and cash equivalents or other money market instruments in order to meet its obligations.

Key Facts

Portfolio Adviser
TD Asset Management Inc.
Category
Sector Equity
Benchmark
SolactiveGlobal Technology Leaders Index

Benchmark Details

Max Mgmt Fee (%)
0.35
Total Fund Assets (Millions)**
(updated monthly) $2829.88
Asset Class
Equity
Eligibility for Registered Plans
Yes
Ex-Dividend Date
Jun 27, 2024
Record Date
Jun 27, 2024
Pay Date
Jul 8, 2024
Daily Volume
(updated daily) 63,715
Units Outstanding
(updated daily) 72,480,000

Performance Overview

Historical Performance (%)

Performance as of Aug 31, 2024
Inception Date: May 7, 2019

Calendar Performance (%)

Performance as of Aug 31, 2024

Portfolio Analysis

Asset Mix


  • Sector Mix

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

    Technology
    74.10%
    Consumer Services
    9.50%
    Financial Services
    4.70%
    Consumer Goods
    3.60%
    Industrial Services
    3.00%
    Industrial Goods
    1.80%
    Healthcare
    1.30%
    Telecommunications
    1.10%
    Real Estate
    0.70%
    Other
    0.30%
    Energy
    0.10%
    Cash and Cash Equivalent
    0.00%
  • Fund Geography

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

    United States
    87.50%
    European Union
    6.20%
    Japan
    3.70%
    Canada
    0.70%
    Asia/Pacific Rim
    0.40%
    Latin America
    0.40%
    Other European
    0.40%
    Africa and Middle East
    0.30%
    Other
    0.30%
    Other Asian
    0.10%
  • Top Ten Holdings

    Microsoft Corp - Common
    12.45%
    Apple Inc - Common
    12.2%
    NVIDIA Corp - Common
    10.66%
    Amazon.com Inc - Common
    6.77%
    Meta Platforms Inc - Common Cl A
    4.6%
    Alphabet Inc - Common Cl A
    3.65%
    Alphabet Inc - Common Cl C
    3.28%
    Broadcom Inc - Common
    2.88%
    Tesla Inc - Common
    2.44%
    Visa Inc - Common Cl A
    1.8%

  • Characteristics

    Number of Holdings
    (updated daily)
    252
    Weighted Avg.
    (updated monthly)
    Dividend Yield(%)
    0.54
    Price To Earnings
    38.1
    Price to Book**
    8.6
    Average Market Cap ($MM)**
    2194809
    Return Beta
    1.00
  • Trading Information

    Ticker Symbol
    TEC
    Exchange
    TMX
    Currency
    CAN
    Investment Program (Drip)
    Yes
    CUSIP#
    87241G100
    SEDOL#
    NA
    ISIN
    CA87241G1000

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Managers

VP & Director, Quantitative Equity
Vice President & Director, Co-Lead of Research

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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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