U.S.
Mortgage investments… providing predictable and stable income
We focus on commercial mortgage investments that provide predictable and stable income. We add value by having expertise in real estate and the properties that secure the mortgages. This enables us to underwrite and structure the loans advantageously for our clients. Finally, we use multiple loan types to enhance yield, manage duration and return placement fees to the fund as additional income.
We believe that a mortgage investment's stability derives from the quality of the underlying commercial real estate, the financial and managerial strength of the borrower, and the continuity of income paid by tenants occupying the mortgaged property.
Key Features
- Sustainable, long-term income streams
- Diversification by loan type to enhance yield
- Low correlation to traditional asset classes
Private debt … opportunity for incremental yield from Investment Grade quality
Investment Grade private debt solutions offer an opportunity for incremental yield without sacrificing credit quality. Our approach provides global exposure to private opportunities that diversifies Canadian public credit by geography and sector. Featured sectors include infrastructure debt, power generation and alternative energy financing, corporate credit and real estate debt.
The Private Debt Research and & Origination team adheres to TDAM's rigorous public credit research philosophy, including Credit Committee oversight and approval. Portfolio Management is separate to help ensure investment objectives are achieved. Guiding principles stress extensive independent credit research, sound valuation analysis and disciplined portfolio construction.
Key Features
- Access to incremental income relative to comparable publicly rated securities
- Enhanced credit protection through direct issuer negotiations
- Deal selectivity supported by highly predictable contractual cash flow