TD Asset Management Inc. Announces Changes to Investment Strategy of the TD Canadian Low Volatility Pool
TORONTO, July 17, 2014 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Pools, announced today that the investment strategy of the TD Canadian Low Volatility Pool (the "Pool") will be changing effective July 24, 2014.
The Pool will increase its maximum exposure to foreign securities from the current level of 5 percent to 30 percent of its assets. Total foreign securities exposure is calculated at the time that the securities are purchased. No changes have been made to the investment objectives of the Pool.
This change provides TDAM with flexibility to obtain greater exposure to global opportunities while maintaining its Canadian focus.
The Pool is available for purchase exclusively by TD Mutual Funds and therefore, is not directly available for purchase by individual investors.
About TD Asset Management Inc.
TDAM offers a diverse range of over 120 investment solutions including mutual funds, professionally managed portfolios and corporate class funds. TDAM manages retail mutual fund assets on behalf of more than 1.9 million investors and offers one of the most broadly diversified fund families in Canada. Funds are available at TD Canada Trust branches (through TD Investment Services Inc. representatives), TD Direct Investing, TD Wealth Financial Planning and TD Wealth Private Investment Advice, as well as leading investment dealers, independent brokers, advisors and financial planners. As of June 30, 2014, TDAM was the fourth largest mutual fund company in Canada, with CDN$90 billion invested in TD Mutual Funds (Source: IFIC).
SOURCE TD Asset Management Inc.For further information:
TD Bank Group