TD Asset Management Inc. will offer style-based exchange-traded funds based on the Dow Jones Canada TopCap Value and Growth Indexes. The TD Select Canadian Value Index and TD Select Canadian Growth Indexes are the first Canadian style-based ETFs, the company said.

"Investors seeking added diversification of their investment portfolios should benefit from exposure to companies that exhibit strong value or growth characteristics," said TD Mutual Funds President Steve Geist in a statement. TD Asset Management Inc. is a member of the TD Bank Financial Group, managing close to CDN$30 billion in retail mutual fund assets.

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