TORONTO, Oct. 29, 2020 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of TD Q Canadian Dividend ETF (Fund Ticker: TQCD), announced that, effective October 29, 2020, the risk rating for TD Q Canadian Dividend ETF has increased from "Low to Medium" to "Medium".  There are no changes to the investment objectives, strategies or management of TD Q Canadian Dividend ETF associated with the new risk rating.

This risk rating change is based on the standardized risk classification methodology mandated by the Canadian Securities Administrators (the "CSA") and an annual review conducted by TDAM to determine the risk level of publicly offered investment funds. A summary of the CSA's risk classification methodology, as well as the investment objectives and strategies for TD Q Canadian Dividend ETF can be found in the TD Exchange-Traded Funds' prospectus, available on TDAM's website, as noted below, or on SEDAR at www.sedar.com.

For more information regarding TD Q Canadian Dividend ETF, please visit TDAssetManagement.com

TD Exchange-Traded Funds are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

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.

®The TD logo and other trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

About TDAM

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 $396 billion in assets as at September 30, 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.