TD Canadian Equity Fund $32.66

TD CANADIAN EQUITY FUND $32.66 (CWA Rating: Conservative) (TD Asset Management, P.O. Box 7500, Station A, Toronto, Ontario. M5W 1P9. 1-800-386-3757; Web site: www.tdcanadatrust.ca. No load — deal directly with the bank) uses a “bottom-up” approach (using fundamentals such as earnings, cash flow and low debt) to identify undervalued companies with strong growth potential. TD Canadian Equity Fund’s 10 largest holdings are EnCana, Canadian Natural Resources, Suncor Energy, Research in Motion, TD Bank, Potash Corp., Bank of Nova Scotia, Freeport McMoran, Canadian Pacific Railway and Sun Life Financial. The $3.3 billion fund currently holds about 54.8% of its portfolio in Resources shares. It also has a bias towards Financial services stocks at 18.1%. Over the last 10 years, TD Canadian Equity posted a 10.4% annual rate of return. That’s better than the S&P/TSX’s return of 8.1%. The fund gained 11.4% over the past year, compared to a gain of 6.6% for the S&P/TSX. TD Canadian Equity’s MER is 2.09%. TD Canadian Equity Fund is a buy.