TD Asset Management launches suite of ETF managed portfolios

Mar 21st, 2017 | By | Category: ETF and Index News

TD Asset Management has launched a suite of low-cost managed portfolios made up of TD index-tracking ETFs. The TD Managed ETF Portfolios are designed to meet a range of investor risk profiles and are currently available as mutual funds.

Paul Orlander, President of TD Mutual Funds.

Paul Orlander, President of TD Mutual Funds.

“We are excited to offer self-directed investors a new suite of all in one index solutions that provide multi-asset exposure to TD ETFs within a single portfolio,” said Paul Orlander, President of TD Mutual Funds. “These portfolios have been carefully constructed by TDAM’s team of investment professionals and are designed to act as diversified, low-cost investment vehicles to meet a wide range of investor needs.”

The firm has launched five ETF Managed Portfolios, each designed to suit a different investor risk profile.

The TD Managed Income ETF Portfolio aims to generate a moderate level of income while preserving investment capital and liquidity and providing some potential for capital growth.

The TD Managed Income and Moderate Growth ETF Portfolio seeks to generate a reasonable rate of interest and dividend income while also providing the opportunity for moderate capital growth.

The TD Managed Balanced Growth ETF Portfolio seeks to generate long-term capital growth while also providing the opportunity to earn some interest and dividend income.

The TD Managed Portfolio Aggressive Growth ETF Portfolio aims to generate long-term capital growth with the added potential for earning a modest level of interest and dividend income.

The TD Managed Maximum Growth ETF Portfolio seeks to generate long-term capital growth.

The minimum initial investment in each of the portfolios is $2000.

TD Asset Management offers a suite of five equity ETFs and one fixed income ETF that will form the building blocks of the funds.

The TD S&P/TSX Capped Composite ETF (TSX: TTP) tracks the performance of the broad Canadian equity market and has $5 million AUM with a management expense ratio of 0.08%.

The TD S&P 500 Index ETF (TSX: TPU) and the TD S&P 500 CAD Hedged Index ETF (TSX: THU) track the performance of the S&P 500 and have AUM of $9m and $3m respectively with a management expense ratio of 0.11% for both ETFs.

The TD International Equity Index ETF (TSX: TPE) and the TD International Equity CAD Hedged Index (TSX: THE) track the performance of large and mid-cap stocks in Europe, Asia and the Far East, excluding South Korea. TPE has AUM of $6m while THE has AUM of $3m, with both ETFs having a management expense ratio of 0.20%.

The TD Canadian Aggregate Bond Index ETF (TSX: TDB) tracks the performance of a broad index of CAD-denominated investment grade debt issued by governments and corporates. The fund has AUM of $40m and has a management expense ratio of 0.11%.

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