TD Asset Management Inc. has launched three new environmental, social and governance (ESG) ETFs.
The funds track large- and mid-cap indexes developed by Morningstar that exclude companies in the gambling, tobacco and controversial weapons industries and favour companies with low ESG risks, based on Sustainalytics ESG risk ratings.
The three new funds are:
- The TD Morningstar ESG Canada Equity Index ETF (management fee: 0.10%)
- The TD Morningstar ESG U.S. Equity Index ETF (management fee: 0.15%)
- The TD Morningstar ESG International Equity Index ETF (management fee: 0.20%)
Each of the funds is now trading on the Toronto Stock Exchange.