Toronto Dominion Bank's TD Asset Management Announced The Addition Of A New Actively Managed Fixed Income Exchange-traded Fund To Its Expanding Solution Suite
Portfolio Pulse from Benzinga Newsdesk
TD Asset Management, a part of Toronto Dominion Bank, has expanded its offerings by introducing a new actively managed fixed income ETF. This addition is aimed at enhancing their solution suite for investors seeking diversified fixed income options.
February 22, 2024 | 12:21 pm
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Toronto Dominion Bank's introduction of a new actively managed fixed income ETF through its TD Asset Management division could attract more investors seeking diversified income options, potentially boosting the bank's asset management revenue.
The launch of a new ETF, especially in the fixed income category, is likely to be viewed positively by investors seeking diversification and income, which could lead to increased assets under management and, consequently, higher revenue for TD Asset Management.
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