TORONTO, March 30, 2016 /CNW/ - TD Asset Management
Inc. (TDAM), the manager of TD Mutual Funds, announced today the
launch of six passive exchange traded funds (ETFs). These new
passive ETFs include fixed income and equity solutions designed to
help investors capture the performance of broad-based Canadian
fixed income and Canadian, U.S. and international markets.
"As one of Canada's leading
investment managers, we continually look for ways to help investors
meet their most important challenges," said Tim Wiggan, Chief Executive Officer, TDAM. "Our
goal is to bring new thinking to the table and to create solutions
that meet the changing needs of our clients. With our longstanding
experience managing ETFs for institutional clients, this is a
natural extension of our offerings by providing more choice and
flexibility to investors."
All six ETFs are now available for purchase on the Toronto Stock
Exchange (TSX).
TDAM's ETF Line-Up
ETF
|
TSX
Symbol
|
Maximum annual
management fee (%)
|
FIXED
INCOME
TD Fixed Income ETFs aim to deliver the returns of a range of
government
and corporate fixed income markets.
|
TD Canadian Aggregate
Bond Index ETF
|
TDB
|
0.10%
|
EQUITY TD
Equity ETFs aim to deliver the returns of Canadian,
U.S.,
and International equity markets.
|
TD International
Equity Index ETF
|
TPE
|
0.18%
|
TD International
Equity CAD Hedged Index ETF
|
THE
|
0.18%
|
TD S&P 500 Index
ETF
|
TPU
|
0.10%
|
TD S&P 500 CAD
Hedged Index ETF
|
THU
|
0.10%
|
TD S&P/TSX Capped
Composite Index ETF
|
TTP
|
0.07%
|
For more information on TDAM's ETFs, visit tdam.com.
The S&P 500® index, the S&P 500® CAD Hedged index, the
S&P EPAC Ex-Korea LargeMidCap index, the S&P EPAC Ex-Korea
LargeMidCapCAD hedged index, the S&P Canada Aggregate Bond
index and the S&P/TSX Capped Composite index (collectively, the
"Indices") are products of S&P Dow Jones Indices LLC
("SPDJI"), and have been licensed for use by TD Asset Management
Inc. ("TDAM"). Standard & Poor's® and S&P® are
registered trademarks of Standard & Poor's Financial Services
LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones
Trademark Holdings LLC ("Dow Jones");TSX is a registered Trademark
of TSX Inc.; and These trademarks have been licensed for use by
SPDJI and sublicensed for certain purposes by TDAM. TD
S&P 500 Index ETF, TD S&P 500
CAD Hedged Index ETF, TD International Equity Index ETF, TD
International Equity CAD Hedged Index ETF, TD Canadian Aggregate
Bond Index ETF and TD S&P/TSX Capped Composite Index ETF are
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 or 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 do not seek to return any predetermined amount at maturity.
Index returns do not represent TD ETF returns. The indicated rates
of return are the historical total returns for the periods
including changes in unit value and reinvestment of all
distributions and do not take into account redemption, commission
charges or income taxes payable by any unitholder that would have
reduced returns. Past performance may not be repeated.
TD ETFs are managed by TD Asset Management Inc., a wholly-owned
subsidiary of The Toronto-Dominion Bank.
About TDAM
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 brings new thinking to investors' most important challenges.
TDAM offers investment solutions to corporations, pension funds,
endowments, foundations and individual investors. Additionally,
TDAM manages assets on behalf of more than 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$300 billion in assets as at
December 31, 2015.
SOURCE TD Asset Management Inc.