Wednesday, February 3, 2016

TD will soon has 4 new ETFs coming soon!

TD set to off investors with 4 new ETFs.  Source with The Globe and Mail indicated TD previous attempted to enter into the ETFs business were withdraw and now are ready to list 4 new ETFs.

The four funds are:
• TD Canadian Aggregate Bond Index ETF (TDB) will passively track the S&P Canada Aggregate Bond Index and will hold Canadian fixed income securities.
• TD International Equity Index ETFs (TPE and CAD-hedged THE) will passively track the S&P EPAC Ex-Korea Large MidCap Index and hold international equities. Both currency hedged and non-hedged funds will be available.
• TD S&P 500 Index ETFs (TPU and CAD-hedged THU) will passively track the S&P 500 index and invests in U.S. large-cap stocks. Both currency hedged and non-hedged funds will be available.
• TD S&P/TSX Capped Composite Index ETF (TTP) will passively track the S&P/TSX Capped Composite index and invests in Canadian stocks.
The management fee is very attractive as it ranged from 0.07 per cent to 0.18 per cent.