TD Asset Management launches TEQT all-equity ETF aiming for long-term capital growth

From Yahoo Finance: 2025-04-15 18:30:00

TD Asset Management has introduced a new all-equity ETF called TEQT, aiming for long-term capital growth by investing in other equity-oriented ETFs with high potential. The management fee is 0.15%. The move comes amidst stock market volatility, but TD Asset Management believes investors seek affordable investment options in diversified stocks.

The TEQT portfolio is continuously monitored and rebalanced quarterly to maintain a desired geographic mix relative to the benchmark. The benchmark consists of 25% Solactive Canada Broad Market Index, 55% Solactive US Large Cap CAD Index, and 20% Solactive GBS Developed Markets ex North America Large & Mid-Cap CAD Index. This new fund is part of TD Asset Management’s suite of ETFs offering a convenient way for investors to diversify their portfolio through index funds with broad-based equity market exposure.

Read more: TD Asset Management’s New All-Equity ETF Now Trading on TSX