Alternative Investments/ESG: TD Asset Management Launches Three New Equity ETFS With ESG Focus

The new ETFs trade on the Toronto Stock Exchange.

TD Asset Management (TDAM) announced Tuesday the launch of three new ESG Equity ETFs to cater to investors looking for exposure to equity market indexes and companies with an ESG edge. The ETFs have a regional focus and track Canadian, U.S. and International equity indices respectively. (CISION Newswire Canada)

New ESG ETFs from TDAM

Fund Name TSX Ticker Symbol Management Fee
TD Morningstar ESG Canada Equity Index ETF TSE: TMEC 0.10%
TD Morningstar ESG U.S. Equity Index ETF TSE: TMEU 0.15%
TD Morningstar ESG International Equity Index ETF TSE: TMEI 0.20%

“At TDAM, we are always looking for more ways to help Canadians align their investments with their values,” said Rob Vanderhooft, Chief Investment Officer, TDAM. “Our new TD Morningstar ESG Equity Index ETFs are a convenient, low-cost, and differentiated way to invest in companies that have higher ESG ratings relative to their peers. Whether investors are looking to invest in Canadian, U.S. or international equity markets with a focus on ESG, they will benefit from the disciplined and committed approach to sustainable investing at TDAM.”

Selection process

TDAM has tied up with index provider Morningstar and Sustainalytics, the global ESG ratings and research firm, for the ESG screening process of the three ETFs.

The screening will exclude companies in the gambling, tobacco, and controversial weapons industries. However, companies that have low environmental, social, and governance risk ratings, based on Sustainalytics’ ESG Risk Ratings, would be included.

“TDAM is providing Canadian investors with ESG solutions they can feel good about, at a reasonable cost,” the asset manager said in a statement.

Related Story:   JP Morgan Launches Carbon Transition Focused Equity ETF

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
FinTech: Goldman Sachs’ Twin Moves To Advance Consumer Banking Ambitions
January 15, 2021     FinTech, News

Goldman Sachs (NYSE: GS) is continuing moves to boost its presence in consumer banking. The Wall Street giant is already the issuer for Apple Cards. Today it announced a multi-year…
Alternative Investments/ESG: Invesco Launches Five Global Fund-of-Funds As Its Summit Responsible Range

Invesco’s new Summit Responsible range of five global multi-asset funds aims to provide investors a cost-effective exposure to ESG considerations with specific risk levels. The funds’ assets will 100% be…
Venture Capital: Tiger Global Is Raising Its Thirteenth $3.75B Venture Fund
January 15, 2021     News, Venture Capital

According to an exclusive report by TechCrunch, Tiger Global Management is raising its thirteenth venture fund. The $3.75 billion fund is named Tiger Private Investment Partners XIV, however. TechCrunch cited…
Digital Assets: Grayscale’s Blockbuster Q4 (And 2020) Stats Reflect Rising Adoption of Cryptos
January 15, 2021     Digital Assets, News, Special Reports

Grayscale Investments’ Q4 report provides valuable insight into the rising adoption of digital assets.