Dominion Bank(US:TD) Benzinga·2025-09-10 16:34Core Points - TD Asset Management Inc. (TDAM) announced the scheduled termination of its Maturing Funds on or about November 21, 2025, which includes specific ETFs and Mutual Funds [1][2][9] - The Maturing Funds have a defined maturity date, and upon reaching this date, the funds will be terminated, and net assets will be returned to unitholders [2][6] Maturing ETFs - The Maturing ETFs include the TD Target 2025 Investment Grade Bond ETF (Ticker: TBCE) and the TD Target 2025 U.S. Investment Grade Bond ETF (Ticker: TBUE.U) [1][9] - No further direct subscriptions for units of the Maturing ETFs will be accepted effective September 10, 2025 [4] - Units of the Maturing ETFs are expected to be voluntarily delisted from the Toronto Stock Exchange on or about November 19, 2025, with mandatory redemption occurring on the Maturity Date [5][6] Maturing Mutual Funds - The Maturing Mutual Funds will stop accepting additional purchases effective immediately, and unitholders can redeem or switch their holdings until market close on November 20, 2025 [3] - TDAM will not impose any short-term trading fees or sales charges for transactions involving the Maturing Mutual Funds [3] Asset Management Overview - TDAM manages assets totaling $504 billion as of June 30, 2025, and offers a range of investment solutions to various clients, including corporations and individual investors [8]