TORONTO, May 22, 2013 /CNW/ - TD Asset Management Inc. (TDAM), the
manager of TD Mutual Funds, announced that Global Currents Investment
Management, LLC, the portfolio adviser for the TD Global Value Fund
(the Fund), merged into its affiliate ClearBridge Investments, LLC on
April 1, 2013.
As a result of this transaction, ClearBridge Investments, LLC became the
portfolio adviser of the Fund, effective April 1, 2013. The portfolio
management team led by Paul Ehrlichman and Safa Muhtaseb will remain
the same. There will be no changes to the investment objectives and
strategies of the Fund.
About TD Asset Management Inc.
Under the TD Mutual Funds name, TDAM provides a diverse range
of 70 mutual funds, 26 professionally managed portfolios and
20 corporate class funds. TDAM manages retail mutual fund assets on
behalf of more than 1.8 million investors and TD Mutual Funds is 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 March 31, 2013, TDAM was the fourth largest mutual fund
company in Canada, with CDN$73.9 billion invested in TD Mutual Funds.
SOURCE: TD Asset Management Inc.
For further information:
For media inquiries, please contact: Amanda Tran
TD Bank Group