TD Asset Management Inc. helps clients with
sustainable investing while seeking to assist them in achieving
their long-term investment goals.
TORONTO,, April 21,
2022 /CNW/ - Today, Corporate Knights announced
their annual Responsible Funds Ranking, formerly known as
Eco-Funds, with three TD Asset Management Inc. (TDAM) investment
funds earning top tier rankings in their respective categories.
Only funds that have an Environmental, Social and Governance (ESG)
focused mandate are eligible for the ranking and the following TDAM
investment funds were recognized:
Winner
|
Category
|
Number of Funds in
Category
|
TD Morningstar ESG
Canada Equity Index ETF (TMEC)
|
Canadian
Equity
|
226
|
TD Morningstar ESG U.S.
Equity Index ETF (TMEU)
|
U.S. Equity
|
309
|
TD North American
Sustainability Balanced Fund
|
Balanced
|
50
|
"Responsible investing is at the core of our investment
philosophy as asset managers." said Bruce
Cooper, Chief Executive Officer at TDAM. "We are extremely
proud that certain of our ESG focused investment funds have been
recognized and rated top tier by Corporate Knights, an independent
thought leader in sustainability in Canada."
Funds are scored by Corporate Knights according to: 1)
three-year net return percentile rank (50%) and based on Corporate
Knights' rating methodology as deployed in the 2022 Global 100 Most
Sustainable Corporations in the World ranking consisting of 24 key
performance indicators; and 2) weighted sustainability rating
percentile rank based on an analysis of their holdings (50%). If
the fund is less than three years old, its final score is based on
the criteria provided in #2 above, which is grossed up to 100%.
Only funds that have an ESG focused mandate are eligible for the
ranking. Qualifying equity funds must have at least two-thirds of
their holdings to be rated in Corporate Knights Research Universe.
For balanced/corporate fixed income funds, the minimum threshold is
50% of the holdings to be rated in the Corporate Knights Research
Universe.
Note: Information about each investment fund's performance can
be found by clicking on the fund name listed above or by
visiting TDAssetManagement.com. For more details on TD
investment funds, please visit our ETF and Mutual
Fund Resource Centres.
Creating access to sustainable investment solutions for
investors continues to be a priority for TDAM, which recently
launched two new corporate bond ESG ETFs to its expanding ESG
focused solution suite which includes equity and fixed income
options. TDAM is also committed to sustainable investing through
its TDAM Sustainable Investment Approach, and as an
institutional signatory to the Canadian Investor Statement on
Climate Change and the Responsible Investment
Association's investor statement on diversity and
inclusion.
For more information on sustainable and responsible investing,
visit the TDAM Sustainable Investing page and view the TD
Bank Group 2021 ESG Report.
About Corporate Knights
Inc.
Corporate Knights Inc. is a research, media and advisory
company committed to responsibly decarbonizing the economy.
Corporate Knights champions a sustainable economy, illuminating the
actions required for earth and society to thrive. Corporate
Knights 2022 Responsible Fund Ranking enables investors
and advisors to align values and ambitions with portfolios. To help
investors and advisors cut through, we have ranked more than 1,500
mutual funds and ETFs based on their financial and sustainability
performance, including ESG-aligned management commitments
Commissions, management fees and expenses all may be associated
with mutual fund and/or exchange-traded fund ("ETF") investments
(collectively, "the Funds"). Trailing commissions may be associated
with mutual fund investments. ETF units are bought and sold at
market price on a stock exchange and brokerage commissions will
reduce returns. Please read the fund facts or ETF Facts and the
prospectus, which contain detailed investment information, before
investing in the Funds. The Funds are not covered by the Canada
Deposit Insurance Corporation or by any other government deposit
insurer and are not guaranteed or insured. Their values change
frequently. There can be no assurances that a money market fund
will be able to maintain its net asset value per unit at a constant
amount or that the full amount of your investment will be returned
to you. Past performance may not be repeated.
Morningstar® Canada Sustainability Extended IndexSM
is a service mark of Morningstar and has been licensed for use for
certain purposes by TDAM. TD Morningstar ESG Canada Equity Index
ETF ("TD ETF") is not sponsored, endorsed, sold or promoted by
Morningstar, and Morningstar makes no representation regarding the
advisability of investing in this TD ETF.
Morningstar® US Sustainability Extended IndexSM is a
service mark of Morningstar and has been licensed for use for
certain purposes by TDAM. TD Morningstar ESG U.S. Equity Index ETF
("TD ETF") is not sponsored, endorsed, sold or promoted by
Morningstar, and Morningstar makes no representation regarding the
advisability of investing in this TD ETF.
TD Mutual Funds and the TD Managed Assets Program portfolios are
managed by TD Asset Management Inc., a wholly-owned subsidiary of
The Toronto-Dominion Bank and are available through authorized
dealers. 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.
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,
exchange-traded funds, professionally managed portfolios and
corporate class funds. Asset management businesses at TD manage
$453 billion in assets. Aggregate
statistics are as of December 31,
2021 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.
SOURCE TD Asset Management Inc.