With a robust solution set, TD ETFs are on a
mission to innovate
TORONTO, July 6, 2023
/CNW/ - Over the past five years TD Asset Management Inc. (TDAM)
has launched more than 40 Exchange-Traded Fund (ETF) investment
options and grown its ETF assets under management (AUM), from under
$300 million to over $10
billion. A significant milestone as TDAM continues to build a
strong foundation of strategies and solutions while seeking to
advance its mission to offer innovative investment
solutions.
"We are thrilled to reach this milestone of $10 billion in AUM and are deeply grateful to our
investors who have entrusted us with their money and whose needs
drive our commitment to continued innovation," said Bruce Cooper, Chief Executive Officer, TDAM.
"Achieving this substantial milestone demonstrates the expertise
and collaboration of TDAM's talented teams who have not only
enabled us to develop ETFs that seek to meet the needs of investors
but also innovate and differentiate our products in an increasingly
competitive market."
TDAM is known for its expertise in fixed income, fundamental
equity, and pioneering low volatility strategies in Canada, among other capabilities. TDAM
developed one of the broadest mutual fund solution sets in
Canada; from those learnings TDAM
began building a line-up of ETFs to not only offer investors a
diverse set of strategies, but also focused on providing
differentiated investment solutions.
This journey began with the launch of six ETFs, giving investors
convenient access to Canadian, U.S., and global markets through
index ETFs. These six ETFs are the foundation of the TD ETF line-up
and offer a simple way for investors to build a diversified
portfolio of stocks and bonds:
- TTP – TD Canadian Equity Index ETF
- TPU – TD U.S. Equity Index ETF
- THU – TD U.S. Equity CAD Hedged Index ETF
- TPE – TD International Equity Index ETF
- THE – TD International Equity CAD Hedged Index ETF
- TDB – TD Canadian Aggregate Bond Index ETF
All of these ETFs track an index developed by Solactive AG, an
innovative index provider based out of Germany that recently won "Best Index
Provider" awards in six different categories on the ETF Express
Canadian ETF awards 2023.
Since the launch of the first set of index ETFs, TDAM has
continued to invest in its capabilities and to build innovative
strategies for clients. Some of TDAM's differentiated solutions
include:
- Income and growth: TD Active Global Enhanced Dividend
ETF (TGED) is a covered call ETF that seeks to earn income and
generate moderate capital growth. Read the TD Active Global
Enhanced Dividend ETF Brochure, Pioneering a New Frontier, to learn
more.
- Pure technology exposure: TD Global Technology Leaders
Index ETF (TEC) was among the first in the Canadian marketplace to
offer broad based exposure to global technology companies. Learn
more about TD Technology ETFs here.
- Banking on the fundamentals: TD Canadian Bank Dividend
Index ETF (TBNK) seeks to track the performance of a Canadian bank
dividend index, which puts more weight in banks that exhibit higher
dividend growth. Learn more here.
- A unique investment opportunity: TD Global Carbon Credit
Index ETF (TCBN) seeks to track the performance of a global carbon
credit index which measures the investment return of global
cap-and-trade carbon emission credits. Learn more here.
- Investing in Healthcare: TD Global Healthcare Leaders
Index ETF (TDOC) seeks to track the performance of a global equity
index which measures the investment return of global issuers
related to healthcare offering diversification amongst leading and
innovative healthcare companies. Learn more here.
- Fixed income diversification: TD Income Builder ETF
(TPAY) is an all-in-one fixed income ETF that primarily invests in
other fixed income ETFs. Read the TDAM Fixed Income Advantage to
learn more about our fixed income ETF line-up.
Additional information about TD ETFs including the prospectus
and ETF Facts, can be found at www.TDAssetManagement.com.
Information about the complete suite of TD ETFs is also available
on the TD ETF Resource Centre.
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.
TD Canadian Equity Index ETF, TD U.S. Equity Index ETF, TD U.S.
Equity CAD Hedged Index ETF, TD International Equity Index ETF, TD
International Equity CAD Hedged Index ETF, TD Canadian Aggregate
Bond Index ETF, TD Global Technology Leaders ETF, TD Canadian Bank
Dividend Index ETF, TD Global Carbon Credit Index ETF and TD Global
Healthcare Leaders Index ETF (the "TD ETFs") are not sponsored,
promoted, sold or supported in any other manner by Solactive AG nor
does Solactive AG offer any express or implicit guarantee or
assurance either with regard to the results of using the Index (as
defined below) and/or any trademark(s) associated with the Index or
the price of the Index at any time or in any other respect. The
Solactive Canada Broad Market Index (CA NTR), Solactive US Large
Cap CAD Index (CA NTR), Solactive US Large Cap Hedged to CAD Index
(CA NTR), Solactive GBS Developed Markets ex North America Large
& Mid Cap CAD Index (CA NTR), Solactive GBS Developed Markets
ex North America Large & Mid Cap Hedged to CAD Index (CA NTR),
Solactive Broad Canadian Bond Universe TR Index, Solactive Global
Technology Leaders Index (CA NTR), Solactive Canadian Bank Dividend
Index (CA NTR), Solactive Global Carbon Credit Index (CA NTR), and
Solactive Global Healthcare Leaders Index (CA NTR) are calculated
and published by Solactive AG. Solactive AG uses its best efforts
to ensure that the Indexes are calculated correctly. Irrespective
of its obligations towards TDAM, Solactive AG has no obligation to
point out errors in the Indexes to third parties including but not
limited to investors and/or financial intermediaries of the TD
ETFs. Neither publication of the Indexes by Solactive AG nor the
licensing of the Indexes or any trademark(s) associated with the
Indexes for the purpose of use in connection with the TD ETF
constitutes a recommendation by Solactive AG to invest capital in
said TD ETFs nor does it in any way represent an assurance or
opinion of Solactive AG with regard to any investment in the TD
ETFs.
TD ETFs are managed by TD Asset Management Inc., a wholly-owned
subsidiary of The Toronto-Dominion Bank.
TD Bank Group means The Toronto-Dominion Bank and its
affiliates, who provide deposit, investment, loan, securities,
trust, insurance and other products or services.
®The TD logo and other TD trademarks are the property of The
Toronto-Dominion Bank or its subsidiaries.
About TD Asset Management Inc.
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is
a North American investment management firm. 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 $421
billion in assets. Aggregate statistics are as of
March 31, 2023 for TDAM and Epoch
Investment Partners, Inc. TDAM operates in Canada and Epoch Investment Partners, Inc.
operates in the United States.
Both entities are affiliates and are wholly-owned subsidiaries of
The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.