(November 25 – 14:25 ET) – TD Asset Management Inc. is unveiling four new ways Canadians can take full advantage of the long-term growth potential that greater exposure to foreign capital markets has to offer.
The Green Line Nasdaq(TM) RSP Index Fund, Green Line Science & Technology RSP Fund, Green Line Global Select RSP Fund, and the Green Line U.S. Blue Chip RSP Equity Fund represent opportunities for unitholders to benefit from increased global diversification beyond the 20 per cent foreign content portion of their RRSPs.
Full exposure to the international investments each new Green Line fund offers is achieved through the use of derivatives which, in the case of the Green Line Nasdaq RSP Index Fund for example, mirror the performance of the Nasdaq-100 Index by investing in stock index futures.
The other three funds operate similarly. Each mirrors the performance of the existing Green Line foreign fund. The returns on the forward contracts in which each RSP Fund invests, are linked to the performance of the underlying fund.
-IE Staff
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