TORONTO, Sept. 20, 2017 /CNW/ - TD Asset Management
Inc. (TDAM) today announced estimated year to date 2017 reinvested
distributions for the TD International Equity CAD Hedged Index ETF
(the "TD ETF"). These reinvested distributions generally represent
mark to market income due to a deemed tax year-end from a change in
the TD ETF's tax status, as it now qualifies as a mutual fund
trust.
Unitholders of record on September 29,
2017 will receive the 2017 reinvested distributions. The
actual taxable amounts of reinvested distributions for 2017,
including tax characteristics of the distributions, will be
reported in early 2018.
Cash distributions will be reported separately and the TD ETF
may have a second non-cash distribution in December 2017.
Details of the per-unit reinvested distribution are as
follows:
Fund
Name
|
Fund
Ticker
|
Estimated Annual
Reinvested
Distribution ($)
|
TD International
Equity CAD Hedged Index ETF
|
THE
|
$0.32
|
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 TDAM. Standard & Poor's® and S&P® are
registered trademarks of Standard & Poor's Financial Services
LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones
Trademark Holdings LLC ("Dow Jones"); and these trademarks have
been licensed for use by SPDJI and sublicensed for certain purposes
by TDAM. The fund is not sponsored, endorsed, sold or promoted by
SPDJI, Dow Jones, S&P or their respective affiliates and none
of such parties make any representation regarding the advisability
of investing in the fund nor do they have any liability for any
errors, omissions, or interruptions of the S&P EPAC Ex-Korea
LargeMidCap CAD Hedged index.
Certain statements in this document may contain forward-looking
statements ("FLS") that are predictive in nature and may include
words such as "expects", "anticipates", "intends", "believes",
"estimates" and similar forward-looking expressions or negative
versions thereof. FLS are based on current expectations and
projections about future general economic, political and relevant
market factors, such as interest and foreign exchange rates, equity
and capital markets, the general business environment, assuming no
changes to tax or other laws or government regulation or
catastrophic events. Expectations and projections about future
events are inherently subject to risks and uncertainties, which may
be unforeseeable. Such expectations and projections may be
incorrect in the future. FLS are not guarantees of future
performance. Actual events could differ materially from those
expressed or implied in any FLS. A number of important factors
including those factors set out above can contribute to these
digressions. You should avoid placing any reliance on FLS.
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 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. Collectively, TDAM manages C$347 billion in assets as at June 30, 2017.
SOURCE TD Asset Management Inc.