TD Bank Group Newsroom
TD Asset Management launches three new ETFs, bringing more choice and value to investors
New exchange traded-funds build upon the portfolio management strengths of TDAM and provide investors with more innovative options
TORONTO, May 9, 2019 /CNW/ - TD Asset Management Inc. ("TDAM") today announced the launch of three new TD Exchange-Traded Funds ("New TD ETFs"). Following the introduction of actively-managed ETFs in late 2018, the New TD ETFs build upon the portfolio management strengths of TDAM in both active and passive management. TDAM continues to expand its suite of innovative solutions including distinctive features that may help to provide greater value when compared to similar offerings in the marketplace. Each New TD ETF is competitively priced and seeks to provide investors with enhanced total returns, reduced volatility or growth through exposure to the technology sector.
The New TD ETFs will begin trading on the Toronto Stock Exchange (TSX) today:
TD Active Global Enhanced Dividend ETF (Ticker: TGED)
An actively managed, total-return focused ETF that strives to earn income and generate moderate capital growth by investing primarily in dividend-paying equity securities of issuers located anywhere in the world. The ETF may use options strategies to help reduce risk and earn additional income.
TD Systematic International Equity Low Volatility ETF (Ticker: TILV)
A quantitative ETF strategy that aims to achieve long-term capital growth by investing directly in, or obtaining exposure to, equity securities of developed market issuers outside Canada and the United States, while also seeking to reduce volatility.
TD Global Technology Leaders Index ETF (Ticker: TEC)
A technology focused ETF that seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of Solactive Global Technology Leaders Index, a custom index designed by TDAM in collaboration with Solactive AG. This Index can provide investors with exposure to today's most successful technology companies as well as emerging technology companies.
"We are excited once again to be introducing new ETFs to the marketplace, providing investors with more choice and value-added solutions," said Bruce Cooper, CEO & CIO, TD Asset Management. "These ETFs build upon our strength at TDAM in passive and active portfolio management, including low volatility strategies," added Cooper. "As Canada's largest asset manageri, we are continuously seeking to provide innovative products to help our clients meet their investment goals."
Additional information about TD ETFs, including the prospectus and ETF Facts, can be found at TDAssetManagement.com
The TD Global Technology Leaders Index ETF is 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 Solactive AG Indices and/or any trade mark(s) associated with the Solactive AG Indices or the prices of the Solactive AG Indices at any time or in any other respect. The Solactive AG Indices are calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Solactive AG Indices are calculated correctly. Irrespective of its obligations towards TDAM, Solactive AG has no obligation to point out errors in the Solactive AG Indices to third parties including but not limited to investors and/or financial intermediaries of the TD Global Technology Leaders Index ETF. Neither publication of the Solactive AG Indices by Solactive AG nor the licensing of the Solactive AG Indices or any trade mark(s) associated with the Solactive AG Indices for the purpose of use in connection with the TD Global Technology Leaders Index ETF constitutes a recommendation by Solactive AG to invest capital in said TD Global Technology Leaders Index ETF nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in the TD Global Technology Leaders Index ETF.
About TDAM
TDAM, a member of TD Bank Group, 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 $388 billion in assets as at March 31, 2019. Assets under management include TD Asset Management Inc., TDAM USA Inc., Epoch Investment Partners Inc. (Epoch) and TD Greystone Asset Management.
__________________________ |
i Benefits Canada 2018 Top 40 Money Managers Report (November 2018 report, based on total Canadian pension AUM as of June 30, 2018) |
SOURCE TD Asset Management Inc.
Get News Alerts by Email
Receive breaking news from TD Bank Group directly to your inbox.