TORONTO, Feb. 21, 2019 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Exchange‑Traded Funds (TD ETFs), announced today that the risk rating for the Canadian dollar (CAD) denominated units of the TD Select U.S. Short Term Corporate Bond Ladder ETF (TD ETF) will be changing as indicated below:
TD ETF | Units | Ticker
Symbol | Previous
Risk Rating | New Risk
Rating |
TD Select U.S. Short Term
Corporate Bond Ladder ETF | CAD | TUSB | Low | Low to
Medium |
This risk rating change will be reflected in the TD ETFs prospectus and the ETF Facts that will be filed with the Canadian securities regulators on or about February 28, 2019.
The risk rating for the U.S. dollar (USD) denominated units of the TD ETF (ticker symbol: TUSB.U) has not changed and continues to be "Low". There are no changes to the investment objectives, investment strategies or management of the TD ETF.
This risk rating change is in accordance with the methodology mandated by the Canadian Securities Administrators (the CSA). A summary of the CSA's risk classification methodology, the investment objectives and the investment strategies of the TD ETF can be found in the applicable TD ETFs prospectus available on the TDAM website noted below.
For more information regarding TD ETFs, visit TDAssetManagement.com
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.
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. Asset management businesses at TD manage $366.9 billion in assets as at December 30, 2018. Assets under management include TD Asset Management Inc., TDAM USA Inc., Epoch Investment Partners Inc. (Epoch) and TD Greystone Asset Management. TD Greystone Asset Management represents Greystone Managed Investments Inc., a wholly-owned subsidiary of Greystone Capital Management Inc. All entities are wholly-owned subsidiaries of The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.