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Topic: How To Invest

TD SCIENCE & TECHNOLOGY FUND $15.13

We last wrote about TD Science & Technology Fund in 2010. That was before the strong emergence of ETFs as a low-cost alternative to mutual funds and their pricey active management.

June 2010

TD SCIENCE & TECHNOLOGY FUND $15.13 (CWA Rating: Aggressive) (TD Asset Management, P.O. Box 7500, Station A, Toronto, Ont. M5W1P9. 1-800-386-3757; Web site: www.tdcanadatrust.com. No load — deal directly with the bank) mostly invests in U.S. firms that research, develop and produce products or services related to science and technology.

How Successful Investors Get RICH

Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' for FREE from The Successful Investor.

How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.

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TD Science & Technology’s top holdings include Microsoft, IBM, Apple, Google, Cisco Systems, Samsung Electronics, McAfee Inc., Qualcomm, Palm, Autodesk, Juniper Networks, Canon, Hewlett-Packard and Accenture. The fund’s MER is 2.68%.

The $92.6-million fund rose 49.5% (in Canadian dollars) over the last year. The Nasdaq index gained 19.4% (also in Canadian funds) in the same period. However, over the last 10 years, the fund has lost 10.6% annually, compared to a loss of 7.4% annually for the Nasdaq index.

Science and technology is a volatile area, and the fund could suffer significantly in a market downturn.

TD Science & Technology Fund is a hold, but for aggressive investors only.

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