grand opening illustrated with a scissors, a red ribbon and confetti on a white background
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Toronto-based TD Asset Management Inc. has launched three ETFs, including two ESG ETFs.

The TD Morningstar ESG Canada Corporate Bond Index ETF, the TD Morningstar ESG U.S. Corporate Bond Index ETF and the TD Global Technology Innovators Index ETF began trading Tuesday on the Toronto Stock Exchange.

The TD Morningstar ESG Canada Corporate Bond Index ETF and the TD Morningstar ESG U.S. Corporate Bond Index ETF both track the performance of corporate bond indexes that measure the returns of fixed income securities from issuers that demonstrate higher ESG ratings compared to their peers. Those indexes exclude companies involved in tobacco, small arms and controversial weapons.

The Canada corporate bond ETF has a 0.15% management fee while the U.S. corporate bond ETF has a 0.20% management fee.

The third fund launched, the TD Global Technology Innovators Index ETF, aims to track the performance of the Solactive Global Technology Innovators index, which measures the returns of technology companies that are considered to be innovators due to higher annual growth rates in revenue, return on invested capital and operating margin expansion in relation to their peers.

Mega-cap technology stocks are not included in the Solactive index.

The technology ETF has a 0.45% management fee.