Stockchase Opinions

Mike Philbrick TD Active Global Income ETF TGFI-T BUY Aug 29, 2025

Global aspect is unique. Bonds tend to do well when something goes wrong with equities from a growth shock. This is changing, as it did in 2022 when inflation ticked up. Other currencies in the world are doing really well in USD terms, but not as much in CAD terms with the CAD strengthening. A lot of the returns in a bond portfolio are driven by the currency. 

Great layer of diversification. Good play.

$20.360

Stock price when the opinion was issued

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