Daily Fixed Income Offering Selection

Transcription

Daily Fixed Income Offering Selection
Daily Fixed Income Offering
Selection
December 3, 2014
The Daily Fixed Income Offering Selection provides you with a sample of fixed income offerings currently available through TD
Ameritrade Institutional. For more information on these securities, or any fixed income product offerings available through TD
Ameritrade Institutional, please contact a Specialist on the Institutional
Fixed Income Desk at 800-355-2297 or visit Veo® at Trading>Fixed Income>Offerings.
New Issue CDs
CDs
FDIC Insured up to applicable account lim it, Survivor Option (Eligibility and/or allow able put back quantities w ill vary by account type)
Brokered CD's are subject to interest rate-driven secondary market fluctuations, meaning, the resale prices of it
Qty
Market
Description
Coupon
Min/Incr/MBR
Execution
Pay Freq.
CUSIP
Maturity
243
Primary
1//
PACIFIC WESTERN BANK (CA)
69506YBL2
0.3
Non-callable, 3 month
Close Date
Trade Date
12/5/2014
3/5/2015
12/4/2014
0.35
12/10/2014
Monthly
870
Primary
1//
BEAL BANK USA (NV)
Temp
Non-callable, 3 month
3/11/2015
12/9/2014
0.4
12/5/2014
Maturity
477
Primary
1//
PACIFIC WESTERN BANK (CA)
6/5/2015
12/4/2014
BEAL BANK USA (NV)
69506YBN8
0.4
12/10/2014
Temp
Non-callable, 6 month
6/10/2015
12/9/2014
0.45
12/5/2014
Monthly
1232
Primary
1//
Non-callable, 6 month
Maturity
894
Primary
1//
PACIFIC WESTERN BANK (CA)
69506YBK4
Non-callable, 9 month
9/8/2015
12/4/2014
0.45
12/10/2014
Monthly
1701
Primary
1//
BEAL BANK USA (NV)
9/9/2015
12/9/2014
BEAL BANK USA (NV)
Temp
0.5
12/10/2014
Temp
Non-callable, 9 month
12/9/2015
12/9/2014
0.45
12/11/2014
Maturity
1623
Primary
1//
Non-callable, 1 year
Maturity
1000
Primary
1//
BANK HAPOALIM (NY)
06251AF21
Non-callable, 1 year
12/11/2015
12/10/2014
0.5
12/15/2014
Maturity
2873
Primary
1//
SAFRA NATIONAL (NY)
78658QJK0
Non-callable, 1 year
12/15/2015
12/12/2014
0.65
12/9/2014
Maturity
200
Primary
1//
UNITED BANK (CT)
6/9/2016
12/8/2014
GOLDMAN SACHS BANK USA (NY)
909552AQ4
0.65
12/10/2014
38148JEC1
Non-callable, 18 month
6/10/2016
12/9/2014
0.35
12/16/2014
Semi-Annual
992
Primary
1//
Non-callable, 18 month
Semi-Annual
1000
Primary
1//
SYNOVUS BANK (GA)
Temp
Non-callable, 6 month
6/16/2016
12/15/2014
1.05
12/11/2014
Maturity
1587
Primary
1//
AMERICAN EXPRESS CENTURION BANK (UT)
02587DWT1
Non-callable, 2 year
12/12/2016
12/10/2014
1.05
12/10/2014
Semi-Annual
1000
Primary
1//
SALLIE MAE (UT)
12/12/2016
12/9/2014
GOLDMAN SACHS BANK USA (NY)
Temp
1.15
12/10/2014
38148JEE7
Non-callable, 2 year
6/12/2017
12/9/2014
1.5
12/5/2014
Semi-Annual
990
Primary
1//
Non-callable, 30 month
Semi-Annual
645
Primary
1//
STATE BANK OF INDIA (NY)
8562843D4
Non-callable, 3 year
12/5/2017
12/4/2014
1.5
12/11/2014
Semi-Annual
1933
Primary
1//
AMERICAN EXPRESS CENTURION BANK (UT)
02587DWU8
Non-callable, 3 year
12/11/2017
12/10/2014
2
12/5/2014
Semi-Annual
1575
Primary
1//
STATE BANK OF INDIA (NY)
12/5/2018
12/4/2014
AMERICAN EXPRESS CENTURION BANK (UT)
8562843F9
2
12/11/2014
02587DWV6
Non-callable, 4 year
12/11/2018
12/10/2014
2.2
12/10/2014
Semi-Annual
770
Primary
1//
Non-callable, 4 year
Semi-Annual
1000
Primary
1//
SALLIE MAE (UT)
795450VR3
Non-callable, 5 year
12/10/2019
12/9/2014
2.2
12/11/2014
Semi-Annual
885
Primary
1//
AMERICAN EXPRESS CENTURION BANK (UT)
12/11/2019
12/10/2014
GOLDMAN SACHS BANK USA (NY)
02587DWX2
2.3
12/10/2014
38148JEJ6
Non-callable, 5 year
12/10/2020
12/9/2014
2
12/10/2014
Semi-Annual
999
Primary
1//
Non-callable, 6 year
Semi-Annual
494
Primary
1//
GRANT COUNTY BANK (KS)
38762PBB7
Callable, 6 year
12/10/2020
12/9/2014
2.55
12/10/2014
Monthly
995
Primary
1//
GOLDMAN SACHS BANK USA (NY)
38148JEK3
Non-callable, 7 year
12/10/2021
12/9/2014
2.6
12/10/2014
Semi-Annual
957
Primary
1//
SALLIE MAE (UT)
12/10/2021
12/9/2014
GOLDMAN SACHS BANK USA (NY)
Temp
2.9
12/10/2014
38148JEL1
Non-callable, 7 year
12/11/2023
12/9/2014
3.1
12/10/2014
Semi-Annual
1000
Primary
1//
Non-callable, 9 year
Semi-Annual
982
Primary
1//
CIT BANK (UT)
12/10/2024
12/9/2014
GOLDMAN SACHS BANK USA (NY)
17284C5F7
Non-callable, 10 year
3.1
12/10/2014
38148JEM9
12/10/2024
12/9/2014
Semi-Annual
607
Primary
1//
Non-callable, 10 year
Semi-Annual
Page 1 of 7
Please see the last page of this document for important disclosures
Daily Fixed Income Offering
Selection
December 3, 2014
New Issue Corporate Offerings
New Issue Corporate Offerings
Issuer
CUSIP
Rating
Outlook
Coupon
Term
Callable
Closing
Date
Survivors Option up to
applicable limits
Bank of America InterNotes
06050WGQ2
Baa2/A-
Negative
3.50%
15 year
No Call
8-Dec
Yes
Dow Chemical InterNotes
26054LZJ5
Baa2/BBB
Stable
2.35%
5 Year
Callable on 12/15/15
8-Dec
Yes
Dow Chemical InterNotes
26054LZK2
Baa2/BBB
Stable
2.90%
7 Year
Callable on 12/15/15
8-Dec
Yes
Dow Chemical InterNotes
26054LZL0
Baa2/BBB
Stable
3.45%
10 Year
Callable on 12/15/15
8-Dec
Yes
Yes
General Electric Capital Corp. InterNotes
36966TLD2
A1/AA+
Stable
2.13%
8 Year
One time call @ 100 on 09/15/2020
8-Dec
Goldman Sachs Senior Notes
38143CHQ7
Baa1/A-
Negative
3.00%
9 Year
No Call
8-Dec
Yes
Goldman Sachs Senior Notes
38143C2N0
Baa1/A-
Negative
4.00%
26 Year
No Call
8-Dec
Yes
National Rural InterNotes
63743FVC7
A2/A
Stable
3.00%
10 Year
No Call
8-Dec
Yes
National Rural InterNotes
63743FVD5
A2/A
Stable
3.50%
13 Year
No Call
8-Dec
Yes
Prudential Financial InterNotes
74432AZA1
Baa1/A
Stable
3.75%
18 Year
Callable on 12/15/18
8-Dec
Yes
Odd-Lot Corporate Offerings
Corporate Offerings
CUSIP
Qty
Issue
Ratings
81721MAF6
13
SENIOR HSG PPTYS TR Cont Callable,
Make Whole Calls, NYBE
500255AP9
65
KOHLS CORP Non Callable, Make
Baa1/BBB/BBB+
Whole Calls, Spec Redemp, NYBE KSS
88732JAL2
09064AAH4
620076BD0
36966R6L5
448055AJ2
26054LUV3
04530DAD4
55616XAM9
Baa3/BBB-/---
TIME WARNER CABLE INC Non
172 Callable, Make Whole Calls, NYBE,
Baa2/BBB/BBB
SUBSIDIARY GUARANTORS
BIOMED RLTY L P Cont Callable, Make
25 Whole Calls, NYBE, BIOMED REALTY
Baa3/BBB/--TRUST INC.
MOTOROLA SOLUTIONS INC Non
50 Callable, Make Whole Calls, Spec
Baa2/BBB/BBB
Redemp, NYBE
GE CAPITAL INTERNOTES Non
47
A1/AA+/--Callable, Spec Redemp
HUSKY ENERGY INC Cont Callable,
15
Baa2/BBB+/--Make Whole Calls, Spec Redemp
DOW CHEM CO SR INTERNOTES
10 Callable, Next Call 05-15-2015 @
Baa2/BBB/BBB
100.000, Spec Redemp
ASPEN INS HLDGS LTD Non Callable,
9
Baa2/BBB+/--Make Whole Calls, Spec Redemp
MACYS RETAIL HLDGS INC Cont
55 Callable, Make Whole Calls, Spec
Baa2/BBB+/BBB
Redemp, NYBE, MACY'S, INC.
Coupon Maturity Pay Frequency YTM YTW Price
4.3
1/15/2016
Semi-Annually
1.739 1.014 102.784
6.25
12/15/2017
Semi-Annually
1.991 1.991 112.42
6.75
7/1/2018
Semi-Annually
2.06
2.625
5/1/2019
Semi-Annually
2.462 2.459 100.676
3.5
9/1/2021
Semi-Annually
3.479 3.479 100.122
5
4/15/2022
Semi-Annually
3.216 3.216 111.593
3.95
4/15/2022
Semi-Annually
3.439 3.424 103.292
3.95
11/15/2023
Semi-Annually
3.85
4.65
11/15/2023
Semi-Annually
4.008 4.008 104.78
4.5
12/15/2034
Semi-Annually
4.483 4.483 100.215
2.06
116.033
2.208 100.75
Page 2 of 7
Please see the last page of this document for important disclosures
Daily Fixed Income Offering
Selection
December 3, 2014
Municipal Offerings
Municipal Offerings
CUSIP
Underlying
State
Coupon
Maturity
Pay Frequency
Aaa/AAA/---
Aaa/---/---
PA
3.100
9/15/2021
Semi-Annually
2.618
2.618
102.968
50
MARYLAND ST STAD AUTH LEASE RE REV
REF BDS Ser 2012, Non Callable, Subject to
Income Tax
Aa2/AA+/AA
Aa2/---/---
MD
2.500
6/15/2022
Semi-Annually
2.556
2.556
99.622
6459185Y5
110
NEW JERSEY ECONOMIC DEV AUTH R SCH
FACS CONSTR BDS Ser 2014PP, Callable,
Next Call 06-15-2024 @ 100.000
A2/A-/A-
A2/---/---
NJ
5.000
6/15/2026
Semi-Annually
3.613
3.394
112.974
343575GW0
20
FLOYD CNTY GA HOSP AUTH REV REV
ANTIC CERTIFS FLOYD MED CTR Ser 2012A,
Callable, Next Call 07-01-2022 @ 100.000
Aa2/-/---
Aa2/---/---
GA
3.125
7/1/2026
Semi-Annually
3.234
3.234
98.958
1306852C3
25
A1/A/A-
A1/---/---
CA
4.250
4/1/2027
Semi-Annually
3.323
2.832
109.303
798059GY1
110
---/AA-/---
---/---/---
TX
3.000
10/1/2027
Semi-Annually
3.048
3.048
99.488
544646DV1
10
Aa2/AA-/---
CA
4.250
1/1/2028
Semi-Annually
3.534
1.293
107.434
206447BA1
125
Aa2/AA+/AA
Aa2/---/---
NC
3.000
6/1/2028
Semi-Annually
3.051
3.051
99.443
Baa1/BBB+/---
Baa1/---/---
NY
5.000
7/1/2028
Semi-Annually
3.933
3.323
111.133
---/A+/---
CA
3.250
10/1/2028
Semi-Annually
3.341
3.341
98.996
870000HJ8
574295DW8
Qty Issue
10
SWARTHMORE BORO AUTH PA COLLEG
REV BDS SWARTHMORE COLLEGE Ser C,
Non Callable, Subject to Income Tax
CALIFORNIA ST PUB WKS BRD LEAS
LEASE REV BDS Ser 2012 A, Callable, Next
Call 04-01-2022 @ 100.000
SAN JACINTO TEX RIV AUTH WTR R REV
BDS Ser 2014, Callable, Next Call 10-012024 @ 100.000
LOS ANGELES CALIF UNI SCH DIST GO
REFUNDING SCHOOL Ser SERIES 2007 A-2,
Callable, Next Call 07-01-2017 @ 100.000,
Mandatory Sinking Fund
CONCORD N C LTD OBLIG LTD OBLIG BDS
Ser 2014A, Callable, Next Call 06-01-2024 @
100.000
Ratings
Aa2/AA-/---
Insurer
FGIC
YTM YTW
Price
649906R48
175
NEW YORK ST DORM AUTH REVS NON REV
BDS BROOKLYN LAW SCHOOL Ser 2012A,
Callable, Next Call 07-01-2022 @ 100.000
61624RAP3
95
MOORPARK CALIF REDEV AGY SUCCE TAX
ALLOC REF BDS Ser 2014, Callable, Next
Call 10-01-2024 @ 100.000
---/AA/---
67760HJR3
100
OHIO ST TPK COMMN TPK REV REV BDS
Ser 2013 A-1, Callable, Next Call 02-15-2023
@ 100.000
A1/A+/A+
A1/---/---
OH
5.250
2/15/2029
Semi-Annually
3.665
2.85
117.411
66285WFT8
10
NORTH TEX TWY AUTH REV SUB LIEN REV
BDS Ser 2010B-1, Non Callable, Subject to
Income Tax, Mandatory Sinking Fund,
Build America Bonds Direct Pay
Baa3/-/---
Baa3/---/---
TX
8.410
2/1/2030
Semi-Annually
6.624
6.624
116.904
392684DS2
250
GREEN BAY WIS REDEV AUTH LEASE REV
BDS Ser 2013, Callable, Next Call 06-012023 @ 100.000, Subject to Income Tax
A1/-/---
A1/---/---
WI
5.700
6/1/2032
Semi-Annually
5.034
4.596
107.68
561824ZD8
75
Aa1/AA+/---
Aa1/---/---
VA
3.000
7/1/2032
Semi-Annually
3.186
3.186
97.518
438670VJ7
10
Aa1/-/AA+
Aa1/---/---
HI
6.280
9/1/2032
Semi-Annually
5.128
3.225
113.3
66285WJN7
20
NORTH TEX TWY AUTH REV SPL PROJ SYS
REV BDS Ser SERIES 2011D, Callable, Next
Call 09-01-2021 @ 100.000
---/AA+/AA-
---/---/---
TX
5.000
9/1/2032
Semi-Annually
3.875
2.662
114.319
646065TK8
50
NEW JERSEY ST EDL FACS AUTH RE REV
BDS WILLIAM PATERSON UNIV OF NJ Ser
2008-C, Callable, Next Call 07-01-2018 @
100.000, Mandatory Sinking Fund
A1/-/AA-
AGC
A1/---/AA-
NJ
4.750
7/1/2034
Semi-Annually
4.114
2.258
108.487
764076DV4
5
RICHLAND SCH DIST PA GO BDS Ser SER
A, Callable, Next Call 11-15-2024 @ 100.000
---/AA/---
BAM
---/A+/---
PA
3.650
11/15/2034
Semi-Annually
3.579
3.53
100.998
Aa1/AAA/AA+
Aa1/---/---
NY
5.000
3/15/2036
Semi-Annually
4.063
1.762
113.257
A2/AA-/A
A2/---/---
NY
5.250
11/15/2036
Semi-Annually
4.463
1.433
110.936
Aa3/AA/---
KY
4.250
5/15/2038
Semi-Annually
3.996
3.065
103.835
MANASSAS VA GO PUB IMPT AND REF BDS
Ser 2014C, Callable, Next Call 07-01-2024 @
100.000
HONOLULU HAWAII CITY & CNTY GO BDS
Ser 2009E, Callable, Next Call 09-01-2019 @
100.000, Subject to Income Tax, Build
America Bonds Direct Pay
NEW YORK ST URBAN DEV CORP REV
INCOME TAX REV BDS Ser 2009B-1,
Callable, Next Call 03-15-2019 @ 100.000,
Mandatory Sinking Fund
METROPOLITAN TRANSN AUTH N Y R
TRANS REV BDS Ser 2008A, Callable, Next
Call 11-15-2017 @ 100.000, Mandatory
Sinking Fund
BAM
650035RK6
25
59259R5J9
10
546589PH9
25
LOUISVILLE & JEFFERSON CNTY KY REV
BDS Ser 2008 A, Callable, Next Call 05-152018 @ 100.000, Mandatory Sinking Fund
Aa3/AA/---
611530BX3
30
MONROEVILLE PA FIN AUTH UPMC R REF
BDS UNIVERSITY OF PITTSBURGH MED
CTR Ser 2013B, Callable, Next Call 07-012023 @ 100.000, Mandatory Sinking Fund
Aa3/A+/AA-
Aa3/---/---
PA
5.000
7/1/2039
Semi-Annually
4.193
3.337
112.294
59259YLJ6
30
METROPOLITAN TRANSN AUTH N Y R REV
BDS Ser 2011D, Callable, Next Call 11-152021 @ 100.000, Mandatory Sinking Fund
A2/AA-/A
A2/---/---
NY
5.250
11/15/2041
Semi-Annually
4.346
2.96
114.261
AGC
Page 3 of 7
Please see the last page of this document for important disclosures
Daily Fixed Income Offering
Selection
December 3, 2014
Treasury Rates
TREASURIES
Term
Maturity
Today's Yield
1 mo. Bill
1/2/2014
0.020
3 mos. Bill
3/5/2014
0.015
6 mos. Bill
6/4/2015
0.066
12 mos. Bill
11/12/2015
0.117
2 Year
November 2016
0.551
5 Year
November 2019
1.610
10 Year
November 2024
2.296
30 Year
November 2044
3.006
TD AMERITRADE Cash Rates
Effective June 1, 2010. Subject to change without prior notice.
Interest Rate
Annual Percentage
Yield
<$1,999
0.00999%
0.01%
$2,000.00 - $9,999.99
0.00999%
0.01%
$10,000.00 - $24,999.99
0.00999%
0.01%
$25,000.00 - $99,999.99
0.00999%
0.01%
$100,000.00+
0.00999%
0.01%
Dollar Range
TD Ameritrade FDIC Insured Deposit Account (IDA12)*
Effective September 1, 2011. Subject to change without prior notice.
Interest Rate
Annual Percentage
Yield
$0.01-$4,999.99
0.00999%
0.01%
$5,000.00 - $24,999.99
0.00999%
0.01%
$25,000.00 - $99,999.99
0.00999%
0.01%
$100,000.00 - $199,999.99
0.00999%
0.01%
$200,000.00+
0.00999%
0.01%
Dollar Range
Page 4 of 7
Please see the last page of this document for important disclosures
Daily Fixed Income Offering
Selection
December 3, 2014
TD Asset Management USA Funds*
Money Market Rate Table Effective Date: January 24, 2012
Portfolio
7-Day
Current
Yield
7-Day Effective Yield
Sweep Vehicles
TDAM Municipal Money
Market Portfolio – Class A
(ZTD79)
TDAM California Municipal
Money Market Portfolio –
Class A (ZTD87)
TDAM New York Municipal
Money Market Portfolio –
Class A (ZTD88)
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
Position Traded Funds
TDAM Money Market
Portfolio – Premium Class
(NPLXX)
0.01%
0.01%
$25k initial purchase minimum / $100k
minimum household equity
Please contact your service team for questions regarding Money Markets.
Mutual fund investors should consider a Fund's investment objectives, risks, and charges and expenses
carefully before investing. This, and other information regarding the Funds, is included in the prospectus,
which may be obtained by calling 800-431-3500, option 1 or writing to TD AMERITRADE, Inc., P.O. Box 2209,
Omaha, Nebraska 68103-2209. Please read the prospectus carefully prior to investing.
Page 5 of 7
Please see the last page of this document for important disclosures
Daily Fixed Income Offering
Selection
December 3, 2014
Performance information represents past performance and does not guarantee future results. Current performance may be lower or
higher than the performance data quoted.
Although the Funds have no transaction fees, there are other fees and expenses that apply to an investment in a Fund and these
fees are described in the prospectus. The investment manager and its affiliates from time to time may waive certain of these fees or
assume certain of these expenses in an effort to maintain certain net yields for the Funds. Accordingly, any waiver or expense
reduction will have the effect of increasing yield to investors during the period of the expense reduction. Certain of each Fund’s fees
are currently being waived voluntarily in an effort to maintain certain net yields. The performance information shown above reflects
such voluntary fee waivers, which may be reduced or eliminated at any time.
An investment in the Funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government
agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by
investing in the Funds.
The TDAM California Municipal Money Market Portfolio and TDAM New York Municipal Money Market Portfolio are non-diversified
funds and there is no guarantee that their income will be exempt from federal or state income tax. Tax exempt portfolios may be
subject to the alternative minimum tax.
Prospective investors should consult their own professional advisers about the tax implications of making an investment in, or
holding or disposing of, shares of a Fund, and about the tax implications of distributions of income from a Fund.
Shares of the Funds are distributed by SEI Investments Distribution Co.
* Cash in the IDA is held at TD Bank, N.A., TD Bank USA, N.A., or both. Assets at each bank will be eligible for FDIC insurance of
up to $250,000 per depositor. Because there are two banks in the IDA program, IDA balances could be covered for up to $500,000
per depositor. TD Bank N.A. and TD Bank USA, N.A. are affiliates of TD Ameritrade.
Interest rates paid on balances in the IDA are based on tiers. The previous day's closing balance determines eligibility for a
particular tier each day. Simple interest is accrued daily based on the interest rate tier applicable to each day's balance, and is
credited to your account on the last business day of the month. In accordance with the Client Agreement, TD Ameritrade may
change the tiers and rates at its discretion and without notice and is not obligated to pay different rates between tiers. Rate changes
may vary by program, location or arrangement.
TD Bank, N.A. and TD Bank USA, N.A. (“the Banks”) use Insured Deposit Account balances to fund current and new investment
and lending activity. The Banks seek to make a profit by achieving a positive spread between their cost of funds (for example,
deposits) and the return on their assets, net of expenses. TD Ameritrade receives a fee from the Banks for marketing,
recordkeeping, and support services in connection with the Insured Deposit Accounts. In exchange for providing these services, the
Banks pay TD Ameritrade an aggregate marketing fee based on the weighted average yield earned on the client Insured Deposit
Account balances, less the actual interest paid to clients, a servicing fee to the Banks of 25 basis points (subject to adjustment), and
the cost of FDIC insurance premiums. TD Ameritrade has the right to waive all or part of this fee. The rate of the fee that TD
Ameritrade receives may exceed the interest rate or effective yield that you receive in your balances in the Insured Deposit
Accounts, and the payment of the fee reduces the yield that you receive. Other than the applicable fees charged on brokerage
accounts, there will be no charges, fees, or commissions imposed on your account for this cash sweep feature. The current Insured
Deposit Account interest rate will be disclosed on the TD Ameritrade website and may be changed without prior notice.
** Effective August 11, 2009. Subject to change without prior notice. Please call 800-431-3500, option 1 for current rates.
Please Note: Investors should carefully consider the investment objectives and policies, risk considerations, charges
and/or fees and ongoing expenses of any investment company security Unit Investment Trust or Structured Product
before investing. A prospectus contains this and other important information. To learn how to obtain a prospectus
containing this and other important information, please consult with our Fixed Income Trading Desk at 800-355-2297.
Please read the prospectus carefully before you invest. Additionally, investors should consult their accounting, legal
or tax advisor prior to investing.
For a complete list or terms and definitions, please visit www.investinginbonds.com
Diversification does not guarantee against loss.
Investors should keep in mind that investing in UITs is typically a long-term strategy and should consider the tax consequences of,
and their ability to pursue, investing in successive trusts. TD AMERITRADE does not provide tax advice. Please consult a qualified
tax advisor with regard to your personal circumstances. Investment return and principal value will fluctuate depending on market
conditions. When units are redeemed, they may be worth more or less than their original purchase price, depending on the value of
the underlying securities at that time.
Additionally, the trust may terminate earlier than the specified termination date as stated in the prospectus.
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Please see the last page of this document for important disclosures
Daily Fixed Income Offering
Selection
December 3, 2014
Structured Products are customizable, financially engineered investments designed, created and packaged together to provide a
specific risk-return profile. Structured Products can be issued in Note or CD form and linked to a variety of underlying assets
(equities, commodities, currencies, etc) with varying maturities and risks. Structured Products are pre-packaged investments and
generally contain a derivative or option component. Investors should thoroughly review the risks associated with a Structured
Product prior to making an investment. Structured Products are not suitable for all investors. Risks include but are not limited to a
potential loss of principal, lack of liquidity prior to maturity or the possibility that at expiration the investor will own the reference asset
at a cost basis above its current price. Before investing in a structured product, investors should carefully consider the product’s
objectives, return potential, risks and expenses. Investors should read the Offering Circular carefully before investing.
Structured investments can be used to enhance returns and provide various levels of principal protection. Structured Notes & CDs
are investments that have some features of bonds (which pay regular income and offer principal protection) and equities or other
assets which offer potential for greater returns than traditional fixed-income investments, but with a higher risk exposure.
The following risks should be considered prior to investing in a Structured Product: the potential loss of principal, the return potential,
a limited or potential lack of secondary market, a disparity between the price movement of the note and the value of the underlying
assets and the credit quality of the issuer.
For some products, while the redemption of principal is 100% protected at maturity, investors may realize a loss if the product is
redeemed prior to maturity.
TD Ameritrade does not provide tax advice. Tax consequences of Structured Products can be complex and depend on the holder’s
individual circumstances. Clients should consult with a tax advisor with regard to their specific tax circumstances.
Some Risk Factors of Structured Products:
Potential Loss of Principal: An investment in a Structured Product may result in a loss of the initial investment. Additionally,
principal protection only applies when the investment is held to maturity. Principal Protected Notes and CDs sold prior to maturity
may result in a loss to the investor.
No Dividends Payments or Voting Rights: Holders do not have voting rights and are not entitled to receive cash dividends or
other distributions of the underlying asset(s).
No guaranteed yield: An investor’s yield may be lower than the yield on other debt securities of comparable maturity.
Lack of Liquidity: There may be little to no secondary market prior to maturity. Structured Products are intended to be "buy and
hold" investments.
Market price is influenced by many unpredictable factors: Several factors may influence the price of the Structured Investment
in addition to the price movements of the underlying asset(s). These include economic, political, regulatory or judicial events and
creditworthiness of the issuer.
Credit of the Issuer: An investment in a Structured Product is subject to the credit risk of the issuer, and the issuer’s actual and
perceived creditworthiness may affect the market value of the investment and their ability to honor the financial obligations
associated with the investment.
For a more detailed description of Risk Factors, please refer to the product’s official offering documents.
Tax Considerations for principal protected notes
Tax consequences of Structured Products can be complex and depend on the holders individual circumstances. Clients should
consult with a tax advisor with regard to their specific tax circumstances.
Please read the appropriate Tax Disclosure section of the offering document and consult with your own tax advisor before
investing in any products.
Closed-End Funds: There is no guarantee that a closed-end fund will achieve its investment objective(s). Past performance does
not guarantee future results. The value of any closed-end fund will fluctuate with the value of the underlying securities and supply
and demand in the secondary market. Until the original listing of a closed-end fund on an exchange, no closed-end fund's shares
will have a history of public trading. Closed-end funds may trade at a premium or discount to their net asset value.
Preferred Securities: Preferred securities are subject to market value fluctuations, given changes in the level of interest rates. For
example, if interest rates rise, the value of these securities may decline. If preferred securities are sold prior to maturity, prices and
yields may vary. Adverse changes in the credit quality of the issuer can negatively affect the market value of the securities.
Preferred securities may include a call feature. If the security is called, holders of the securities may be forced to reinvest at a lower
rate. Preferred stocks are also subject to other risks, including illiquidity and certain special redemption provisions.
TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC/NFA. TD Ameritrade is a
trademark jointly owned by TD Ameritrade IP Company, Inc. and the Toronto-Dominion Bank. © 2014 TD
Ameritrade IP Company, Inc. All rights reserved. Used with permission.
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Please see the last page of this document for important disclosures