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Published: 9/25/2025

TD Asset Management Inc. Hits Major Milestones: $25B in ETFs and $500B total AUM: What the accomplishments reveal about TD Asset Management Inc.'s momentum, and what it could mean for your portfolio.


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TD Asset Management Inc. (TDAM) has officially crossed two remarkable thresholds: $25 billion in assets under management (AUM) within its ETF lineup, and $500 billion in total AUM across all its investment offerings¹. These twin milestones, achieved in mid‑2025, mark a significant moment, not just for TDAM, but for Canadian and North American investors alike. They signal the firm’s growing influence in the ETF space and reaffirm its leadership in the broader asset-management landscape. Here’s what these milestones mean for investors, and why they’re worth celebrating.

 

The $500B AUM Milestone: Strength in Scale

As of June 30, 2025, TDAM and its U.S. affiliate, Epoch Investment Partners Inc., collectively manage approximately $504 billion in assets. This includes solutions spanning mutual funds, ETFs, professionally managed portfolios, and institutional mandates, serving millions of investors¹. Achieving this scale underscores TDAM’s continued growth as one of Canada's largest asset managers, with a growing global presence.

For investors, size brings advantages: access to more diversified strategies, improved pricing through economies of scale, and infrastructure that supports responsive service and platform innovation. It also enhances TDAM's credibility in negotiating access to unique investment opportunities and supports enhanced risk management across its product suite.

 

The $25B ETF Milestone: Riding the ETF Wave

Complementing its overall growth is TDAM’s push into the ETF market - a booming segment especially among cost-conscious retail investors. Reaching $25 billion in ETF assets represents a major leap for TDAM’s ETF business, signifying strong adoption of its lineup among investors seeking liquidity, transparency, and low costs. As one of the fastest growing providers over the past five years, we have grown our ETF assets from $1B in 2020 to $25B in 2025¹.

This trend mirrors the broader ETF boom. ETF inflows and AUM are soaring globally, with North America leading the pack. A $25B benchmark reinforces TDAM’s competitive presence on the global ETF stage, highlighting its ETF strategies across passive, cost-sensitive and thematic investment vehicles.

 

What This Means for You as an Investor

  • More options, better flexibility: A larger ETF lineup can give you more ways to build targeted or diversified portfolios tailored to your goals and risk tolerance.
  • Economies of scale: With increased AUM, TDAM can potentially lower costs and fees - benefits that are often passed on to investors.
  • Stability and trust: Hitting $500B reflects scale and experience, providing investors with a sense of stability even during volatile markets.
  • Innovation momentum: As TDAM scales its ETF business, investors may see expanded offerings and enhanced tools for managing portfolios.

 

Implications for the Industry

TDAM hitting both milestones positions it among the asset-management heavyweights in Canada and North America. This may compel other major players to ramp up their ETF efforts, sparking heightened competition and innovation. Retail investors stand to benefit from broader product choices, improved fee structures, and more accessible investment platforms.

 

Powered by People, Driven by Purpose

Numbers tell one part of the story, but culture tells the rest. At TDAM, accountability, ethics, and excellence shape everything we do. Our people—portfolio managers, analysts, and client teams—are the heartbeat of our success. We invest in them, empower them, and celebrate them. Because when our people thrive, so do our clients.

While $25 billion in ETF AUM and $500 billion overall are milestones worth celebrating, they’re not the finish line. They’re fuel for the next chapter, one of innovation, evolution, and helping clients achieve their financial goals. Whether you’re saving for retirement, funding education, or building generational wealth, TDAM is here for the journey.

Thank You for Making This Possible

These achievements are shared with every client, advisor, and colleague who’s been part of our story. Here’s to the future, and to continuing to set new standards in investment excellence.

¹ Source: TD Asset Management Inc. As of August 31, 2025.

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.

Certain statements in this document may contain forward-looking statements (“FLS”) that are predictive in nature and may include words such as “expects”, “anticipates”, “intends”, “believes”, “estimates” and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, the general business environment, assuming no changes to tax or other laws or government regulation or catastrophic events. Expectations and projections about future events are inherently subject to risks and uncertainties, which may be unforeseeable. Such expectations and projections may be incorrect in the future. FLS are not guarantees of future performance. Actual events could differ materially from those expressed or implied in any FLS. A number of important factors, including those factors set out above can contribute to these digressions. You should avoid placing any reliance on FLS.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and ETF Facts 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 and brokerage commissions will reduce returns. Index returns do not represent ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated

TD Asset Management Inc. is a wholly-owned subsidiary of The Toronto-Dominion Bank.

®The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

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