TORONTO, Jan. 14,
2025 /CNW/ - TD Asset Management Inc. ("TDAM") today
announced the final annual 2024 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 2024 have been distributed and reported
separately.
Unitholders of record on December 31, 2024 received a
notional distribution at year-end representing realized taxable
amounts within the TD ETFs for the 2024 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 2024, 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 2025.
Details of the per-unit reinvested distributions are as
follows:
|
Fund Name
|
Fund
Ticker
|
Reinvested
Distribution
($)
|
|
TD Target 2027 U.S.
Investment Grade Bond ETF
|
TBUG.U
|
0.094707
|
|
TD Q Global Multifactor
ETF
|
TQGM
|
0.432866
|
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.
TD ETFs are managed by TD Asset Management Inc., a wholly-owned
subsidiary of The Toronto-Dominion Bank.
TD Bank Group means The Toronto-Dominion Bank and its
affiliates, who provide deposit, investment, loan, securities,
trust, insurance and other products or services.
®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 $479
billion in assets. Aggregate statistics are as of
September 30, 2024 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.