TD Asset Management Inc. Announces Final Annual Reinvested Distributions for TD ETFs
TORONTO, Jan. 8, 2024 /CNW/ - TD Asset Management Inc. ("TDAM") today announced the final annual 2023 reinvested distributions for certain TD Exchange-Traded Funds (the "TD ETFs") listed below. These annual reinvested distributions generally represent realized capital gains within the TD ETFs. Cash distributions for December 2023 have been distributed and reported separately.
Unitholders of record on December 29, 2023, received a notional distribution at year-end representing realized taxable amounts within the TD ETFs for the 2023 tax year. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution and the number of units held after the distribution is identical to the number of units held before the distribution.
The actual taxable amounts of reinvested and cash distributions for 2023, including the tax characteristics of the distributions, will be reported to brokers via CDS Clearing and Depository Services Inc. within the first 60 days of 2024.
Details of the per-unit reinvested distribution are as follows:
Fund Name | Fund | Reinvested |
TD Global Carbon Credit Index ETF | TCBN | - |
TD Global Technology Leaders CAD Hedged Index ETF | TECX | $0.22550 |
TD Morningstar ESG Canada Corporate Bond Index ETF | TMCC | - |
TD Morningstar ESG U.S. Corporate Bond Index ETF | TMUC | - |
TD Q Global Multifactor ETF | TQGM | - |
TD Active U.S. Enhanced Dividend CAD Hedged ETF | TUEX | $0.11461 |
TD U.S. Equity Index ETF (USD units) | TPU.U | $0.00102 |
TD Active Preferred Share ETF | TPRF | $0.00115 |
TD Global Technology Leaders Index ETF (USD Units) | TEC.U | $0.00008 |
TD U.S. Long Term Treasury Bond ETF | TULB | $0.00561 |
TD Q U.S. Low Volatility ETF | TULV | $0.00384 |
TD Global Healthcare Leaders Index ETF (USD Units) | TDOC.U | $0.00172 |
For more information regarding the 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.
The Morningstar® Canada Corporate Bond Sustainability IndexTM and the Morningstar® US Corporate Bond Sustainability IndexTM are service marks of Morningstar, Inc. and have been licensed for use for certain purposes by TD Asset Management Inc. The TD Morningstar ESG Canada Corporate Bond Index ETF and TD Morningstar ESG U.S Corporate Bond Index ETF are not sponsored, endorsed, sold or promoted by Morningstar, and Morningstar makes no representation regarding the advisability of investing in the TD ESG ETFs.
The TD Global Carbon Credit Index ETF ("TD ETF"), TD U.S. Equity Index ETF, TD Global Technology Leaders Index ETF, and TD Global Healthcare Leaders Index ETF (the "TD ETFs") are 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, Solactive Global Carbon Credit Index (CA NTR), Solactive Global Technology Leaders Index (CA NTA) and Solactive Global Healthcare Leaders Index (CA NTR) (the "Indices") and/or any trademark(s) associated with the Indices or the price of the Indices at any time or in any other respect. The Indices are calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Indices are calculated correctly. Irrespective of its obligations towards TDAM, Solactive AG has no obligation to point out errors in the Indices to third parties including but not limited to investors and/or financial intermediaries of the TD ETFs. Neither publication of the Index by Solactive AG nor the licensing of the Indices or any trademark(s) associated with the Indices for the purpose of use in connection with the TD ETFs constitutes a recommendation by Solactive AG to invest capital in said TD ETFs nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in these TD ETFs.
TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.
®2023 Morningstar is a registered mark of Morningstar Research Inc. All rights reserved.
®The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.
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 September 30, 2023, 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.
SOURCE TD Asset Management Inc.
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