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

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.