Make the most of your money with partial
shares from TD Direct Investing
Buy stocks and ETFs for any dollar
amount
TORONTO, Aug. 7, 2024
/CNW/ - Today, TD Direct Investing (DI) is excited to offer
Canadians a simpler way to invest in the stock market, with the
launch of partial shares. With partial shares, also commonly known
as fractional shares, investors can buy and sell a fraction of
stocks and exchange-traded funds (ETFs), making investing
accessible to all.
"As Canada's first and largest
direct investing brokerage, we're proud to continue our
longstanding heritage of breaking down barriers for individual
investors," said Scott Ignall,
Senior Vice President, TD Direct Investing and Delivery, TD Bank
Group. "We believe investing should be accessible for all. With
partial shares from TD Direct Investing, Canadians can invest in
the companies they want, regardless of the share price or how much
they have to invest."
Partial shares offers many benefits for Canadian investors,
including:
- Ability to start investing with less: Partial shares
opens doors for investors, regardless of their budget, letting them
start investing with as little as $5.
- Own expensive stocks: With partial shares, clients can
now purchase high-priced companies without needing deep pockets.
Clients can purchase as little as 1/100,000 of a share, making
nearly any stock affordable and easier to build a diversified
portfolio.
- Trade in dollars: With partial shares, clients can now
also place dollar-based buy orders for stocks and ETFs, removing
limitations of trading in whole share quantities, so you can invest
exactly what you want – down to the cent.
- Real-time trading: Trading is done in real-time, meaning
clients have immediate access to execute trades at the current
market price for both full shares and partial shares.
Clients can buy and trade partial shares through TD Easy Trade™,
WebBroker, Advanced Dashboard or the TD mobile app.
"We're proud to be at the forefront of bringing this simple and
easy-to-use offering to Canadians," said Ignall. "We want to offer
Canadians more opportunities to invest in the companies they
believe in, without being held back by the price of a full share,
while equipping them with the tools they need to invest with
greater confidence."
To learn more about partial shares, visit
td.com/partialshares.
About TD Bank Group
The Toronto-Dominion Bank and its
subsidiaries are collectively known as TD Bank Group ("TD" or the
"Bank"). TD is the sixth largest bank in North America by assets and serves over 27.5
million customers in four key businesses operating in a number of
locations in financial centres around the globe: Canadian Personal
and Commercial Banking, including TD Canada Trust and TD Auto
Finance Canada; U.S. Retail, including TD Bank, America's Most
Convenient Bank®, TD Auto Finance U.S., TD Wealth
(U.S.), and an investment in The Charles Schwab Corporation; Wealth
Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD
Insurance; and Wholesale Banking, including TD Securities and TD
Cowen. TD also ranks among the world's leading online financial
services firms, with more than 17 million active online and mobile
customers. TD had $1.97 trillion in
assets on April 30, 2024. The
Toronto-Dominion Bank trades under the symbol "TD" on the
Toronto and New York Stock
Exchanges.
SOURCE TD Bank Group