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TD Nasdaq Index Fund TDB908 - CAD Hedged?

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  • May 1st, 2021 6:06 pm
[OP]
Jr. Member
Oct 21, 2017
171 posts
17 upvotes

TD Nasdaq Index Fund TDB908 - CAD Hedged?

Is TD Nasdaq Index Fund TDB908 CAD Hedged?
https://www.td.com/ca/en/asset-management/funds/solutions/mutual-funds/FundCard/TD%20Nasdaq%C2%AE%20Index%20Fund%20-%20e/?fundId=3268

It says:
"Seek protection against losses from declines in the value of foreign currencies against the Canadian dollar."

TDB908 Fund Facts PDF
https://www.td.com/ca/en/asset-management/documents/fund-document/pdf/Fund-Facts/TD-Mutual-Funds/TDB908E.pdf

But TDB908 Fund Facts PDF doesn't mention anything about being CAD hedged?
1 reply
Deal Addict
User avatar
May 11, 2014
4782 posts
5845 upvotes
Iqaluit, NU
It is hedged. You won't often see it stated in simplified fund fact sheets. The forward contracts they use to hedge are listed in the annual report for the fund.

https://www.td.com/ca/en/asset-manageme ... asdqAE.pdf
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