TD Asset Management launches TD Target 2031 Investment Grade Bond Fund ETF

CNW··CA·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

TD Asset Management Inc. has launched the TD Target 2031 Investment Grade Bond Fund - ETF Series, trading under the ticker TBCK on the Toronto Stock Exchange. The new fund offers exposure to a portfolio of investment-grade Canadian corporate bonds denominated in Canadian dollars with a target maturity of 2031, and carries a management fee of 0.20%. TBCK joins the existing TD Target Maturity Bond ETFs suite, which includes funds with target maturities of 2027, 2028, 2029, and 2030. The fund is expected to cease trading on or about November 30, 2031, with wind-up and termination occurring shortly thereafter.

Impact on assets 2

Financials▲ · 1 stocks
Toronto Dominion Bank
TD
▲ PositiveCapitalrelevance

TD Asset Management, a subsidiary of Toronto Dominion Bank, launches a new ETF, expanding its product suite.

Information Technology▲ · 1 stocks