A smoother ride

Dividend ETFs have several characteristics that are attractive to investors looking for a smoother ride. They are generally less volatile because they typically consist of more mature companies with stable cash flows. Most dividend ETFs are passive, meaning they rely on a rules-based index methodology for portfolio construction. These ETFs tend to select the highest-yielding securities within the investment universe for inclusion within the portfolio. They offer instant diversification at a low cost.

However, high yield should not be the only consideration when choosing investments. Taking a more diversified and active approach to selecting a portfolio of dividend-paying stocks can offer some advantages over passively managed products.

The focus of TQCD and TQGD is quality. These solutions invest in companies that have not only paid dividends historically but are likely to sustain and grow their dividends going forward. The Quantitative and Passive Investment Team at TD Asset Management Inc. (TDAM) looks for companies that have consistently been able to pay down their debt and increase profitability, ones that have also exhibited strong cash flows and have liquid balance sheets. This criterion often favours insurance and energy companies, materials, certain real estate trusts, and traditional defensives like staples and utilities. In TQGD, the focus is on high-quality dividend payers in healthcare, transportation, and technology.

How TDAM finds these companies is what truly sets it apart 

The Quantitative and Passive Investment Team, which has been around for 25 years, was one of the first in Canada to focus on quantitative investing, a sophisticated approach to investment management and security selection that uses a combination of computer models, data analytics and professional judgement to create an optimal portfolio that balances risk and return.

This statistical approach has added a new dimension with the advent of artificial intelligence (AI). While quantitative investing has traditionally employed numerical data from financial statements, AI now provides the ability to interpret unstructured or textual data with increased depth.

The Team is virtually unmatched in Canada. With 30 dedicated managers, data specialists, and researchers, and around C$125B¹ assets under management, it is one of the few organizations capable of operating at a scale large enough to maintain a top-level operation running on the highest quality data available.

Both the TD Q Canadian Dividend ETF (TQCD) and the TD Q Global Dividend ETF (TQGD) can be purchased through your discount brokerage accounts or through your advisor.

¹Source: Assets under management across all mandates managed by TDAM.截至2024年6月30日

进行交易所买卖基金投资可能需要负担相关佣金、管理费以及支出。投资前请参阅招股章程和ETF情况概要。交易所买卖基金没有担保，其价值可能经常变化，且既往表现可能不会重现。交易所买卖基金单位在证券交易所按市场价格进行买卖，因此收益会因经纪人佣金的支付而减少。指数回报不代表道明交易所买卖基金的回报。所显示的回报率为所示期限的历史总回报率，包括单位价值变动和所有分红再投资，并未考虑任何单位持有人的赎回、佣金或所得税，这些部分会降低回报。

道明交易所买卖基金由道明银行（Toronto-Dominion Bank）全资子公司道明资产管理有限公司（TD Asset Management Inc.）管理。

道明资产管理有限公司 (TD Asset Management Inc.) 是道明银行 (The Toronto-Dominion Bank) 的全资拥有附属机构。

® TD标志和其他TD商标为道明银行或其子公司的产权。