TD Asset Management Inc. Announces Details Regarding the Maturity of the 2026 TD Target Maturity Bond Funds and ETFs

TORONTO, Sept. 11, 2026 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of the TD Target Maturity Bond ETFs ("Maturing ETFs") and the Target Maturity Bond Funds ("Maturing Mutual Funds"), announced the details regarding the scheduled termination of the following funds (collectively, the "Maturing Funds"), at the end of November (the "Maturity Date"), as indicated below:

Unlike traditional funds, which have a perpetual life, the Maturing Funds have a specified maturity date that is established when the fund is launched and is disclosed in its prospectus. When a Maturing Fund reaches its maturity date, the Maturing Fund is terminated, and its net assets are returned to its unitholders.

Effective today, the Maturing Mutual Funds will no longer accept additional purchases, including purchases made through Pre-Authorized Purchase Plans and Pre-Authorized Contribution Plans. Unitholders may redeem or switch their holdings of a Maturing Mutual Fund for settlement on, or prior to, market close on November 23, 2026. TDAM will not charge unitholders any short-term trading fees, sales charges or other fees related to transactions involving the Maturing Mutual Funds. 

Effective end of day on September 11, 2026, no further direct subscriptions by authorized participants for units of the Maturing ETFs will be accepted by TDAM.

Units of the Maturing ETFs are anticipated to be voluntarily delisted from the Toronto Stock Exchange ("TSX") at the request of TDAM and cease trading following market close on or about Thursday, November 19, 2026, with all units still held by unitholders being subject to a mandatory redemption as of the Maturity Date. Unitholders may continue to buy or sell units of the Maturing ETFs on the TSX until the units are delisted.

Prior to the Maturity Date, TDAM will, to the extent reasonably possible, sell and convert the assets of the Maturing Funds to cash. After paying or making adequate provision for the liabilities and obligations of the Maturing Funds, TDAM will, on or about the Maturity Date, distribute the net assets of the Maturing Funds on a pro rata basis among the unitholders of record on the Maturity Date based on the net asset value per unit of each Maturing Fund.

TDAM will issue an additional press release on or about the Maturity Date confirming the final details of the Maturing Funds. Further details of the maturity will be mailed to unitholders of the Maturing Funds at least 60 days prior to the Maturity Date.

If you have any questions, please contact TDAM Client Services at 1-800-588-8054 or email us at tdadvisor@td.com.

For more information about TD Mutual Funds and TD ETFs, visit TDAssetManagement.com.

The information contained herein has been provided by TD Asset Management Inc. and is for information purposes only. The information has been drawn from sources believed to be reliable. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual's objectives and risk tolerance.

Commissions, management fees and expenses all may be associated with mutual fund and/or exchange-traded fund ("ETF") investments (collectively, "the Funds"). Trailing commissions may be associated with mutual fund investments. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Please read the fund facts or ETF Facts and the prospectus, which contain detailed investment information, before investing in the Funds. The indicated rates of return (other than for money market funds) are the historical total returns for the period, compounded for mutual funds, including changes in unit value and reinvestment of distributions. The indicated rate of return for each money market fund is an annualized historical yield based on the seven- day period ended as indicated and annualized in the case of effective yield by compounding the seven day return and does not represent an actual one year return. Index returns do not represent ETF returns. The indicated rates of return do not take into account sales, redemption, commission charges, distribution or optional charges, as applicable, or income taxes payable by any securityholder that would have reduced returns. The Funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer and are not guaranteed or insured. Their values change frequently. There can be no assurances that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. Past performance may not be repeated.

TD Mutual Funds and the TD Managed Assets Program are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank and are available through authorized dealers.

TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

TD Bank Group means The Toronto-Dominion Bank and its affiliates, who provide deposit, investment, loan, securities, trust, insurance and other products or services. ^® The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

About TD Asset Management Inc.

TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is a Canadian investment management firm with a growing global presence. Bringing together three decades of investment experience, our broad selection of strategies and solutions includes fundamental equities, quantitative and passive equities, fixed income across the credit quality spectrum and alternatives, such as private credit, infrastructure and real estate. TDAM offers institutional investment solutions to corporations, pension funds, endowments and foundations, sovereign wealth funds and superannuation funds, among others. Additionally, TDAM manages assets on behalf of millions of retail investors and offers a broadly diversified suite of investment solutions including mutual funds, exchange-traded funds and professionally managed portfolios. Asset management businesses at TD manage $571 billion in assets. Aggregate statistics as at June 30, 2026 for TDAM and Epoch Investment Partners, Inc. TDAM operates in Canada and Epoch Investment Partners, Inc. operates in the United States. Both entities are affiliates and are wholly-owned subsidiaries of The Toronto-Dominion Bank.

SOURCE TD Asset Management Inc.

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