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.
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Benefits Canada 2018 Top 40 Money Managers Report (November 2018
report, based on total Canadian pension AUM as of June 30,
2018)
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SOURCE TD Asset Management Inc.