Here a look at two new TD ETFs for Investors

Article Excerpt

This month we look at two actively managed ETFs launched earlier this year by TD Asset Management. TD’s share of the the Canadian ETF market remains small, but the bank has increased its new offerings this year. TD ACTIVE GLOBAL EQUITY GROWTH ETF $15.67 (Toronto symbol TGGR) aims to provide long-term capital growth for investors by focusing on companies with strong business models. These companies can be located anywhere in the world, in both developed and emerging markets. The fund manager employs an active strategy in selecting companies that fit its criteria; the manager’s primary focus is on firms that it believes are able to generate strong cash flow and invest it to grow their businesses. About 55% of the ETF’s assets are held in U.S. stocks, followed by Denmark (6.2%), Japan (5.0%), China (4.7%), and the U.K. (4.5%). Technology makes up 36% of the portfolio, Consumer Cyclicals, 21%, and Healthcare, 19%. The ETF’s top holdings include Microsoft, Amazon, Facebook, Alphabet and Accenture. The fund launched in…

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