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TBCG

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1m

Analysis and statistics

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About

TBCG.TO is the ticker symbol for the TD Morningstar ESG Canada Equity Index ETF. This ETF, traded on the Toronto Stock Exchange (TSX), aims to replicate the performance of the Morningstar Canada Target Allocation ESG Index, which focuses on Canadian equities with strong environmental, social, and governance (ESG) factors. It provides investors with exposure to a diversified portfolio of Canadian companies that meet specific sustainability criteria.
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Factors

Underlying Holdings Performance: TBCG.TO's price directly reflects the performance of the underlying Canadian government bonds it holds.

Interest Rate Changes: Rising interest rates generally decrease bond values, lowering the ETF's price. Conversely, falling rates increase bond values and the ETF's price.

Inflation Expectations: Higher inflation expectations can erode bond values, impacting the ETF's price negatively.

Credit Risk Perception: Changes in the perceived creditworthiness of the Canadian government can influence bond yields and the ETF's price.

Supply and Demand: Market demand for TBCG.TO relative to its supply can cause its price to fluctuate independently of its underlying holdings.

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