TORONTO, Feb. 11, 2021 /CNW/ - TD Asset Management Inc.
("TDAM") today announced a revision to the final annual 2020
reinvested distributions for the TD Morningstar ESG U.S.
Equity ETF (TMEU) and the TD Morningstar ESG
International Equity Index ETF (TMEI) (collectively, the "TD ETFs")
previously reported on January 8,
2021. Cash distributions for December
2020 were reported separately.
Unitholders of record on December 31, 2020 will receive
notional distributions for the 2020 tax year as set out below for
each TD ETF. 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 actual taxable amounts of reinvested and cash distributions
for 2020, including the tax characteristics of the distributions,
will be reported to brokers via CDS Clearing and Depository
Services within the first 60 days of 2021.
Details of the revised per unit reinvested distributions are as
follows:
Fund
Name
|
Fund
Ticker
|
Previous
Annual
Reinvested
Distribution per
unit (C$)
|
Revised Annual
Reinvested
Distribution per
unit (C$)
|
TD Morningstar ESG
U.S.
Equity Index
ETF
|
TMEU
|
C$0.33448
|
C$0.22398
|
TD Morningstar ESG
International Equity
Index ETF
|
TMEI
|
C$0.22398
|
C$0.33448
|
For more information regarding TD ETFs, visit
TDAssetManagement.com
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus and ETF Facts 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.
Morningstar® US Sustainability Extended IndexSM and
Morningstar® Developed Markets ex-North America Sustainability
Extended IndexSM are service marks of Morningstar, Inc.
and have been licensed for use for certain purposes by TD Asset
Management Inc. The TD Morningstar ESG International Equity Index
ETF and TD Morningstar ESG U.S. Equity Index ETF (collectively, the
"TD ETFs") are not sponsored, endorsed, sold or promoted by
Morningstar Research Inc. ("Morningstar"), and Morningstar makes no
representation regarding the advisability of investing in the TD
ETFs.
TD ETFs are managed by TD Asset Management Inc., a wholly-owned
subsidiary of The Toronto-Dominion Bank.
®The TD logo and other trademarks are the property of The
Toronto-Dominion Bank or its subsidiaries.
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 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 almost 2 million retail investors and offers a broadly
diversified suite of investment solutions including mutual funds,
professionally managed portfolios and corporate class funds. Asset
management businesses at TD manage $407
billion in assets as at December 31,
2020. Assets under management include TD Asset Management
Inc., TDAM USA Inc. and Epoch
Investment Partners Inc. (Epoch). All entities are wholly-owned
subsidiaries of The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.