Today, TD Asset Management Inc. ("TDAM") announced the addition of new funds and US$ purchase options for certain existing series to its expanding solutions suite. Starting today, investors have access to new Mutual Funds:
TD Asset Management Inc. ("TDAM") today announced notional non-cash reinvested distribution ("Notional Distribution") for TD Active U.S. Enhanced Dividend CAD Hedged ETF ("TUEX"). A Notional Distribution occurs when a distribution from a TD ETF is made in the form of units, and then immediately consolidated with the units held prior to the distribution, so that the total number of units held after the distribution is identical to the number of units held prior to the distribution.
The market has been flat in the last week but is up 13% over the past year, with earnings forecast to grow by 15% annually. In this environment, selecting dividend stocks with strong yields and stable performance can be a wise strategy for investors seeking consistent returns.