JovFunds Management Inc., in conjunction with The Toronto-Dominion Bank, is launching TD Agricultural Growth Notes, Series 1.

The motes performance is linked to an underlying basket comprised of four agricultural commodities; wheat, corn, soybeans, and livestock. The weightings of the underlying basket are 40% wheat, 10% corn, 25% soybean, and 25% S&P GSCI Livestock Excess Return Index.

“Agricultural commodities have been receiving a lot of attention lately. With increasing demand from a growing population, the search for alternatives to oil, and the limited supply of land for growing crops and grazing livestock — there is strong potential for this sector”, says Raj Lala, managing partner of JovFunds.

The notes will offer investors unlimited potential return with 120% participation in positive basket returns. The notes are 100% principal protected by The Toronto-Dominion Bank, if held to their maturity date in five years. The notes will be available for sale until November 1.

The notes are 100% RSP eligible, and the minimum investment is $5,000.