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Cision Canada
4 days ago
- Business
- Cision Canada
TD Asset Management Inc. Announces Notional TD ETF Distributions Français
TORONTO, June 5, 2025 /CNW/ - TD Asset Management Inc. ("TDAM") today announced notional non-cash reinvested distributions (each, a "Notional Distribution") for TD Target 2029 Investment Grade Bond ETF and TD Target 2030 Investment Grade Bond ETF (each a "TD ETF"). A Notional Distribution occurs when a distribution from a TD ETF is made in the form of units, and then immediately consolidated with the units held prior to the distribution, so that the total number of units held after the distribution is identical to the number of units held prior to the distribution. The Notional Distributions have been made to all TD ETF unitholders of record as indicated in the table below: Up until each respective record date above, each TD ETF did not qualify as a mutual fund trust under the Income Tax Act (Canada) (the "Tax Act"). Each TD ETF was considered a unit trust, as defined under the Tax Act. For purposes of the "mark-to-market" rules contained in the Tax Act, because more than 50% of the market value of each TD ETF was held by one or more financial institutions, each TD ETF was considered a financial institution for the purposes of the Tax Act. The Tax Act contains special rules for determining the income of financial institutions, including, but not limited to, the realization of all unrealized gains or losses on mark-to-market property held by the financial institution on income account at the end of any given tax year. In acknowledging this change of status, each TD ETF was required to recognize a deemed year-end for tax purposes and distribute any net income and net realized capital gains earned or realized up until the deemed year end (reflected by the record dates indicated above). In early 2026, the tax characteristics of all distributions for 2025 for TD ETFs will be reported to brokers via the Canadian Depository for Securities (CDS). For more information regarding TD ETFs, visit About TD Asset Management Inc. TD Asset Management (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 $496 billion in assets. Aggregate statistics are as of March 31, 2025 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. 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. ® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries. SOURCE TD Asset Management Inc.
Cision Canada
07-05-2025
- Business
- Cision Canada
TD Asset Management Inc. and iCapital Network Canada Ltd. have collaborated to bring a Global Infrastructure strategy to eligible Canadian accredited investors Français
New iCapital fund provides access to a portfolio of direct private infrastructure assets TORONTO, May 7, 2025 /CNW/ - TD Asset Management Inc. ("TDAM") today announced a new way for investors to access private global infrastructure investments. Eligible Canadian accredited investors will now have access to TDAM's institutionally available infrastructure strategy, the TD Greystone Infrastructure Fund (Canada) L.P. (the "Institutional Fund"), through a collaboration with iCapital Network Canada Ltd. ("iCapital Canada"), a global financial technology platform driving access to alternative investments for the wealth and asset management industries. The TD Greystone Infrastructure iCapital Canada Access Fund (the "Access Fund"), managed by iCapital Canada, invests substantially all its assets in TDAM's Institutional Fund and is available to eligible Canadian accredited investors. Private Infrastructure is a growing part of institutional and high-net-worth portfolios that can provide diversification benefits, enhanced returns, lower volatility and inflation protection. TDAM's Institutional Fund has a 10+ year track record and a portfolio of private infrastructure assets with over 500 projects across 7 countries. The Institutional Fund invests in infrastructure that delivers essential services for an economy offering accredited investors potential stability and growth during times of uncertainty and over the long-term. "At a time of global uncertainty, we are excited to work with iCapital to provide access to our institutional portfolio of infrastructure assets to eligible Canadian accredited investors and advisor-led market. We have been managing the Institutional Fund for more than 10 years and have built a high-quality portfolio of private infrastructure that can provide inflation protection, long-term contracted revenues and diversification, benefiting client portfolios. We believe this structure allows retail investors to participate alongside institutions with the same underlying infrastructure portfolio and assets," said Jeffrey Mouland, Managing Director, Head of Global Infrastructure Investments, TDAM. "We're thrilled to collaborate with TDAM to provide eligible Canadian accredited investors with easy and transparent access to alternatives," said Tom Johnston, Managing Director, Head of Client Solutions Canada at iCapital. "This collaboration solidifies iCapital's position as a trusted technology partner to deliver a comprehensive digital investing experience for Canada's leading wealth advisors and asset managers." TDAM's infrastructure investment team takes a hands-on approach to provide a portfolio of operating infrastructure, with potential for long-term revenues and inflation protection. They have significant experience in private infrastructure and actively manage the portfolio through oversight of development, construction, and procurement activities, board representation, as well as financing. The Access Fund provides access to the Institutional Fund which provides diversification across each of these projects and creates what we believe is an attractive allocation to the infrastructure asset class for investment portfolios. The TD Greystone Infrastructure Fund is comprised of the TD Greystone Infrastructure Fund (Global Master) SCSp, the TD Greystone Infrastructure Fund (Canada) L.P., the TD Greystone Infrastructure Fund (Canada) L.P. II, the TD Greystone Infrastructure Fund (Cayman Feeder) L.P. and the TD Greystone Infrastructure Fund (Luxembourg Feeder) SCSp. Each of the Feeder Funds act as a feeder fund in a master-feeder structure and invests all or substantially all of its assets in the TD Greystone Infrastructure Fund (Global Master) SCSp. The Master Fund is priced monthly in USD and includes any working capital within the Master Fund, as well as the current USD value of the most recent valuation of the underlying investments. Valuations of the investments held in the Master Fund are done on a quarterly basis in the local currency of the investment. Interim valuations may be done as the result of specific situations. At each monthly pricing period, the investment valuations are converted to USD at the rate in effect of the pricing date. Effective February 1, 2024, the Master Fund redomiciled from the Cayman Islands to Luxembourg. Historical performance prior to that time reflects the performance of the TD Greystone Infrastructure Fund (Global Master) L.P. Thereafter, the performance reflects the TD Greystone Infrastructure Fund (Global Master) SCSp. The Feeder Funds are priced monthly in U.S. dollars and include working capital held within the Feeder Funds as well as the updated monthly value of the units held in the Master Fund. The value of the Feeder Funds investment in the Master Fund is determined based on the updated monthly price of the Master Fund. ®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 $496 billion in assets. Aggregate statistics are as of March 31, 2025 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. About iCapital iCapital powers the world's alternative investment marketplace, offering a complete suite of tools, end-to-end enterprise solutions, data management and distribution capabilities, and an innovative operating system. iCapital is the trusted technology partner to financial advisors, wealth managers, asset managers, as well as other participants in this ecosystem, and offers unrivaled access, technology, and education to incorporate alternative assets into core portfolio strategies for their clients. As of February 28, 2025, iCapital had USD $880 billion of global volume activity on its platform. IMPORTANT INFORMATION This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of securities in any jurisdiction in which any offer, solicitation or sale would be unlawful prior to registration or qualification of such securities under the securities laws of any such jurisdiction. "iCapital" and "iCapital Network" are registered trademarks of Institutional Capital Network, Inc. Additional information is available upon request. © 2025 Institutional Capital Network, Inc. All Rights Reserved. SOURCE TD Asset Management Inc.
