TORONTO, September 10, 2025/CNW/ – TD Asset Management Inc. ("TDAM"), the manager of the TD Target Maturity Bond ETFs ("Maturing ETFs") and the Target Maturity Bond Funds ("Maturing Mutual Funds"), announced the details regarding the scheduled termination of the following funds (collectively, the "Maturing Funds"), on or about November 21, 2025 (the "Maturity Date"), as indicated below:

 

Maturing ETFs	Ticker
道明目标回报2025年投资级债券交易所买卖基金 道明目标回报2025年美国投资级债券交易所买卖基金	TBCE TBUE.U
Maturing Mutual Funds 道明目标回报2025年投资级债券基金 道明目标回报2025年美国投资级债券基金

 

Unlike traditional funds, which have a perpetual life, the Maturing Funds have a specified maturity date that is established when the fund is launched and is disclosed in its prospectus. When a Maturing Fund reaches its maturity date, the Maturing Fund is terminated, and its net assets are returned to its unitholders.

Effective today, the Maturing Mutual Funds will no longer accept additional purchases, including purchases made through Pre-Authorized Purchase Plans and Pre-Authorized Contribution Plans. Unitholders may redeem or switch their holdings of a Maturing Mutual Fund for settlement on, or prior to, market close on November 20, 2025. TDAM will not charge unitholders any short-term trading fees, sales charges or other fees related to transactions involving the Maturing Mutual Funds.

Effective end of day on September 10, 2025, no further direct subscriptions by authorized participants for units of the Maturing ETFs will be accepted by TDAM.

Units of the Maturing ETFs are anticipated to be voluntarily delisted from the Toronto Stock Exchange ("TSX") at the request of TDAM and cease trading following market close on or about Wednesday, November 19, 2025, with all units still held by unitholders being subject to a mandatory redemption as of the Maturity Date.  Unitholders may continue to buy or sell units of the Maturing ETFs on the TSX until the units are delisted.

Prior to the Maturity Date, TDAM will, to the extent reasonably possible, sell and convert the assets of the Maturing Funds to cash. After paying or making adequate provision for the liabilities and obligations of the Maturing Funds, TDAM will, on or about the Maturity Date, distribute the net assets of the Maturing Funds on a pro rata basis among the unitholders of record on the Maturity Date based on the net asset value per unit of each Maturing Fund.

TDAM will issue an additional press release on or about the Maturity Date confirming the final details of the Maturing Funds. Further details of the maturity will be mailed to unitholders of the Maturing Funds at least 60 days prior to the Maturity Date.

If you have any questions, please contact TDAM Client Services at 1-800-588-8054 or email us at tdadvisor@td.com.

For more information about TD Mutual Funds and TD ETFs, visit TDAssetManagement.com.

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, professionally managed portfolios and corporate class funds. Asset management businesses at TD manage $504 billion in assets. Aggregate statistics are as of June 30, 2025 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.

本文所含信息由道明资产管理有限公司提供，仅供参考。信息出自我们认为可靠的来源。本信息并未提供财务、法律、税务或投资建议。具体的投资、税款或交易策略应根据每位投资者的目标和风险承受能力加以评估。

Commissions, management fees and expenses all may be associated with mutual fund and/or exchange-traded fund ("ETF") investments (collectively, the "Funds").进行互惠基金投资可能会产生相关的尾随佣金。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。 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.互惠基金价值经常变动。货币市场基金的每单位资产净值不获保证会维持不变，您的投资本金亦不获保证全数归还。过往表现未必会重现。

道明互惠基金由道明银行（Toronto-Dominion Bank）全资子公司道明资产管理有限公司（TD Asset Management Inc.）管理，并通过授权经销商销售。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。

® TD标志和其他TD商标为道明银行或其子公司的产权。

SOURCE TD Asset Management Inc.

For further information: Alicia Skrinjar, TD Bank Group, alicia.skrinjar@td.com.