U.S.
Actively adding value
We believe that a highly disciplined portfolio construction methodology is the most predictable way to generate competitive risk-adjusted returns when measured against any given benchmark.
A consistent and sustainable framework
We find value along the yield curve and strategically position our portfolios to take advantage of opportunities and manage risk.
Guiding Principles
- Extensive independent credit research
- Sound yield and credit curve analysis
- Strategic portfolio construction
Expanding the opportunity set
Our Core Plus Solutions seek to capture incremental excess returns over the long term. We expand our opportunity beyond the Canadian investment grade bond universe and into benchmark securities to seek best compensation for risk.
Plus Components
Global investment grade, high yield, maples, inflation-linked securities, private debt, emerging market debt, mortgages, real estate securities and currency management.
Enhancing the risk return profile
Our High Yield Solutions seek to provide income and the opportunity for capital appreciation over the long term by investing primarily in high-yield corporate bonds, loans and other income-producing securities from issuers located anywhere in the world.
Distinguishing Features
- Exposure to a distinct asset class of high yield fixed income investments
- Combination of a high level of income and some currency diversification
Reducing downside volatility
We believe our multi-prong TD Greystone fixed income solution can reduce total portfolio downside volatility without forfeiting performance.
Repeatable, disciplined investment process
For our TD Greystone solutions, we apply a fixed income process that utilizes fundamental economic cycle analysis to set our duration, yield curve and credit positioning, without any structural biases.
Guiding Principles:
- Structurally unbiased approach to credit risk
- Tactical flexibility to benefit through all market conditions
- Interest rate anticipation
- Sector strategy and security selection
Expanding the opportunity set
Our TD Greystone Core Plus solutions seek to provide enhanced returns whilereducing total portfolio volatility, particularly in periods of equity stress. Through the integration of private real estate debt into fixed income portfolios, we seek to provide a diversified yield enhancement that takes on the role of portfolio stabilizer.
Plus Components:
- Mortgages
- High Yield