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:

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.