TD Asset Management Inc. Announces Final Annual Reinvested Distributions for TD ETFs

TORONTO, Jan. 11, 2017 /CNW/ - TD Asset Management Inc. (TDAM) today announced the final annual 2016 reinvested distributions for TD Exchange Traded Funds. These amounts represent the year-end capital gains distributions only.  Cash distributions for December 2016 have been distributed and reported separately.

Unitholders of record on December 29, 2016, received a notional distribution at year end representing realized capital gains within the TD Exchange-Traded Funds for the 2016 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 2016, including tax characteristics of the distributions, will be reported to brokers via CDS Clearing and Depository Services within the first 60 days of 2017.

Details of the per-unit reinvested distribution are as follows:

For more information regarding TD ETFs, visit TDAssetManagement.com

The S&P 500® index, the S&P 500® CAD Hedged index, the S&P EPAC Ex-Korea LargeMidCap index, the S&P EPAC Ex-Korea LargeMidCap CAD Hedged index, the S&P Canada Aggregate Bond index and the S&P/TSX Capped Composite index (collectively, the "Indices") are products of S&P Dow Jones Indices LLC ("SPDJI"), and have been licensed for use by TD Asset Management Inc.  Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); TSX is a registered trademark of TSX Inc.; and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by TD Asset Management Inc.  The funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of any of the Indices.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and summary document(s) 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.

About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. in the U.S., 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. Collectively, TDAM manages C$310.1 billion in assets as at September 30, 2016.

SOURCE TD Asset Management Inc.