New service allows Canadians to plan, invest and monitor their financial goals with stock trading, commission-free TD ETFs, and no investment minimums or monthly fees.
Through a simplified, guided app experience, users can build a goals-based investment plan and select investments to help them invest towards their goals. They can either choose to build their own portfolio using individual TD ETFs or stocks listed on the major North American exchanges or select a TD One-Click ETF Portfolio that most aligns with their goal and self-selected investor profile. TD ETFs, including TD One-Click ETF Portfolios can be traded commission-free. To help them stay on track towards reaching their goals, the app allows users to monitor and adjust their goals and portfolio on-the-go.
"We know investing can be intimidating and many Canadians may simply put off getting started as a result. We believe you shouldn't need a lot of money or expertise to start building your investing journey, which is why we created TD GoalAssist. This new mobile-only investing service is straightforward, uses plain language and is grounded in what our clients have told us they're looking for – goal planning, education and low cost," said
TD GoalAssist will include the following key features:
- No minimums or monthly fees
- Unlimited commission-free trades on TD ETFs, including TD One-Click ETF Portfolios
- Trade stocks listed on major North American exchanges (TSX, TSXV, NYSE, NASDAQ, AMEX; CBOE) for
$9.99 per trade - Free self-directed goals-based investment planning with ability to monitor progress
- Educational videos to build foundational investing knowledge and provide a guided experience
- A team of specialists available for support
- Digital opening of three account types (cash, RSP and TFSA) in Canadian dollar currency
"We know a lot has changed in our lives this year as a result of the COVID-19 pandemic. From an investing perspective, we've seen a significant increase in demand for online investing and more people trying investing on their own," Clark adds. "TD GoalAssist could not come at a better time as Canadians are looking for an easy and affordable way to invest."
TD clients can conveniently view their TD GoalAssist balances through their TD online banking and transfer money seamlessly between accounts. TD GoalAssist is powered by
Commissions, management fees and expenses all may be associated with investments in exchange- traded funds (ETFs). Please read the prospectus and summary document(s) before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange.
TD Asset Management Inc. is the manager of the TD ETFs and receives an annual management fee charged directly to the ETF. Management fees are included in the ETF's management expense ratio.
TD Asset Management Inc., a wholly-owned subsidiary of The
TD GoalAssist™ is a service of TD Direct Investing, a division of
About
The
SOURCE
© Canada Newswire, source