TORONTO, March. 31, 2017 /CNW/
- TD Asset Management Inc. (TDAM) today announced a revision
to the annual 2016 reinvested distributions for the TD
International Equity CAD Hedged Index ETF. The amount previously
disclosed as representing a year-end capital gains distribution has
been revised to represent a year-end distribution of income
Unitholders of record on December 29, 2016, received a
notional distribution at year end which will now represent income
and not realized capital gains within the TD International Equity
CAD Hedged Index ETF for the 2016 tax year. A notional
distribution is when the units from a reinvested distribution are
immediately consolidated with the units held prior to the
distribution and the number of units held after the distribution is
identical to the number of units held before the distribution.
The revised taxable amounts of reinvested and cash distributions
for 2016, including tax characteristics of the distributions, will
be reported to brokers via CDS Clearing and Depository
Services.
For reference, below are the details of the per-unit reinvested
distribution issued to unitholders of record on December 29, 2016:
Fund
Name
|
Fund
Ticker
|
Annual
Reinvested Income Distribution
per unit ($)
|
TD International
Equity CAD Hedged Index ETF
|
THE
|
$0.501560
|
For more information regarding TD ETFs, visit
TDAssetManagement.com
The S&P EPAC Ex-Korea LargeMidCap CAD Hedged index is a
product of S&P Dow Jones Indices LLC ("SPDJI"), and has been
licensed for use by TD Asset Management Inc. Standard &
Poor's® and S&P® are registered trademarks of Standard &
Poor's Financial Services LLC ("S&P") and these trademarks have
been licensed for use by SPDJI and sublicensed for certain purposes
by TD Asset Management Inc. The fund is not sponsored,
endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their
respective affiliates and none of such parties make any
representation regarding the advisability of investing in such
product(s) nor do they have any liability for any errors,
omissions, or interruptions of any of the Indices.
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus and summary document(s) before investing. ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated. ETF units are bought and sold at market price on a
stock exchange and brokerage commissions will reduce returns
TD ETFs are managed by TD Asset Management Inc., a wholly-owned
subsidiary of The Toronto-Dominion Bank.
About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North
American investment management firm. Operating through TD Asset
Management Inc. in Canada and TDAM USA Inc. in
the U.S., TDAM offers investment solutions to corporations, pension
funds, endowments, foundations and individual investors.
Additionally, TDAM manages assets on behalf of almost 2 million
retail investors and offers a broadly diversified suite of
investment solutions including mutual funds, professionally managed
portfolios and corporate class funds. Collectively, TDAM
manages over C$333
billion in assets as at December 31, 2016.
SOURCE TD Asset Management Inc.