TD Asset Management launches three ESG ETFs

TD Asset Management has launched three Environmental, Social and Governance (ESG) Exchange-Traded Funds (ETFs) to its expanding ESG solution suite. 

The TD Morningstar ESG Equity Index ETFs were built to provide investors with similar exposure to broad market indexes while investing in best-in-class companies driving positive change.

"At TDAM, we are always looking for more ways to help Canadians align their investments with their values," says 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."

Each of the ETFs is designed to track a large and mid-capitalisation index in their respective region that includes companies with higher ESG ratings relative to their peers. The following TD Morningstar ESG Equity Index ETFs begin trading on the Toronto Stock Exchange (TSX):

TD Morningstar ESG Canada Equity Index ETF (TMEC); TD Morningstar ESG US Equity Index ETF (TMEU); and TD Morningstar ESG International Equity Index ETF (TMEI).