TORONTO, Sept. 20, 2017 /CNW/ - TD Asset Management Inc. (TDAM) today announced estimated year to date 2017 reinvested distributions for the TD International Equity CAD Hedged Index ETF (the "TD ETF"). These reinvested distributions generally represent mark to market income due to a deemed tax year-end from a change in the TD ETF's tax status, as it now qualifies as a mutual fund trust.   

Unitholders of record on September 29, 2017 will receive the 2017 reinvested distributions. The actual taxable amounts of reinvested distributions for 2017, including tax characteristics of the distributions, will be reported in early 2018.

Cash distributions will be reported separately and the TD ETF may have a second non-cash distribution in December 2017.

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

For more information regarding TD ETFs, visit TDAssetManagement.com

The S&P EPAC Ex-Korea LargeMidCap CAD Hedged index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by TDAM. 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"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by TDAM. The fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in the fund nor do they have any liability for any errors, omissions, or interruptions of the S&P EPAC Ex-Korea LargeMidCap CAD Hedged index.

Certain statements in this document may contain forward-looking statements ("FLS") that are predictive in nature and may include words such as "expects", "anticipates", "intends", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, the general business environment, assuming no changes to tax or other laws or government regulation or catastrophic events. Expectations and projections about future events are inherently subject to risks and uncertainties, which may be unforeseeable. Such expectations and projections may be incorrect in the future. FLS are not guarantees of future performance. Actual events could differ materially from those expressed or implied in any FLS. A number of important factors including those factors set out above can contribute to these digressions. You should avoid placing any reliance on FLS.

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 brings new thinking to investors' most important challenges. 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$347 billion in assets as at June 30, 2017.

SOURCE TD Asset Management Inc.