e-Series Top Holdings Breakdown

When you purchase an index fund, you are purchasing a very small portion of a pool of stocks. Some index funds can have hundreds of stocks within the fund. In this short article we will discuss some of the major holdings of common e-series index funds. Note that this article reflects only the major holdings at the time of the writing and that these can and do change overtime! This article stands to give an idea of what major stocks are held within some of key e-series funds. 

TDB 900 : Canadian Stock Index (Tracks TSX)

Top 5 Holdings (%):

Royal Bank of Canada (6.7%)

Toronto-Dominion Bank (6.1%)

Bank of Nova Scotia (4.1%)

Canadian National Railway Co. (3.7%)

Suncor Energy Inc. (3.1%)

Total Investments: 250

Fund Fact page

TDB 902: U.S. Stock Index (Tracks S&P500)

Top 5 holdings (%):

Apple Inc. (3.3%)

Alphabet Inc. (2.5%)

Microsoft Corp (2.5%)

Exxon Mobil Corp (1.8%)

General Electric Co (1.6%)

Total Investments: 504

Fund Fact Page

TDB 905: International Stock Index (Consists: MSCI Europe, Australasia and Far East Index)

Top 5 holdings (%):

Nestle SA (1.8%)

Novartis AG (1.7%)

Roche Holding AG (1.5%)

Toyota Motor Corp. (1.4%)

Royal Dutch Shell PLC (1.4%)

Total Investments: 935

Fund Fact Page

TDB 908: Nasdaq Index Fund (Tracks Nasdaq)

Top 5 holdings (%):

Apple Inc (14.6%)

Microsoft Corporation (7.4%)

Google Inc. (6.5%)

Amazon.com Inc. (3.8%)

Facebook Inc. (3.4%)

Total Investments: 110

Fund Fact Page

The Canadian Bond Index, as expected, consists of a variety (1229 investments in total) of bonds with various coupons and maturity dates. The Top 10 holdings are all Federal/Provincial Government bonds (Fund Fact Page). 

For youth investors interested in putting their money in individual stocks, but who may not have enough money to warrant transaction fees, realizing what the top holdings are of these common e-series funds may be intriguing. Say you only had $500 to invest and wanted to be a shareholder of Apple, purchasing the TDB 908 e-series fund would allow you to indirectly place 500*0.146=73 dollars of that $500 into Apple, while avoiding transaction fees and also exposing yourself to 109 other stocks. The top holdings can also give you some slight idea on the dividend payout of the fund. For example, the top 3 holdings of TDB 900 are all large banks that pay out strong dividends, meaning that you could estimate the overall fund to pay decent dividends (and it does, at slightly over 2.5%). Click here for an article on dividends and the use of DRIP.

-Yinvestors. 

keywords: e-series, Canadian index funds, top e-series holdings, index funds Canada, index investing, dividends, DRIP.