A socially responsible investing approach that
aims to earn current income
TORONTO, March 9,
2023 /CNW/ - Today, TD Asset Management Inc. ("TDAM")
expanded its sustainability suite with the launch of the TD North
American Sustainability Bond Fund (the "Fund"), its first actively
managed Environmental, Social and Governance ("ESG")-related fixed
income product. The Fund is designed to earn current income by
investing primarily in a diversified portfolio of North American
fixed income securities, while following a socially responsible
approach to investing.
"There is a growing importance for investors to have access to
ESG-focused funds and adding the TD North American Sustainability
Bond Fund to our existing sustainable investing fund lineup gives
investors more ways to round out their portfolio with sustainable
options," says Priti Shokeen, Vice
President & Director, Head of ESG Research and Engagement Team,
TDAM. "The Fund uses fundamental research to select issuers with
strong ESG characteristics and is supported by the strength of the
Portfolio Management, Credit Research and ESG teams at TDAM."
The launch follows the rollout of the TD North American
Sustainability Equity Fund and TD North American Sustainability
Balanced Fund in September 2020.
Key features of this new fund include:
- Investing in issuers that, in TDAM's view, have strong
sustainability characteristics and/or demonstrate positive
contributions to the 17 United Nations Sustainable Development
Goals
- The bond investments will tend to focus on North American
corporate bonds, which may include non-investment-grade bonds,
using rigorous bottom-up security selection. The Fund will also be
mindful of the macro environment.
- Investors of this Fund gain access to an actively managed fixed
income solution that includes investing in bonds that TDAM views as
green, social, sustainable and/or sustainability-linked
TDAM is also committed to sustainable investing through its TDAM
Sustainable Investment Approach, and is a Founding Participant in
Climate Engagement Canada, which aims to drive dialogue between the
financial community and Canadian corporations to promote a just
transition to a net-zero economy. In 2008, TDAM was among the first
Canadian bank-owned asset managers to sign the United Nations-
Principles for Responsible Investment.
For more information on sustainable investing, visit the TDAM
Sustainable Investing page.
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 $408
billion in assets. Aggregate statistics are as of
December 31, 2022 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.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please read the
fund facts and prospectus, which contain detailed investment
information, before investing. Mutual funds are not guaranteed or
insured, their values change frequently and past performance may
not be repeated. Mutual fund strategies and current holdings are
subject to change.
®The TD logo and other TD trademarks are the property of The
Toronto-Dominion Bank or its subsidiaries.
SOURCE TD Asset Management Inc.