Recognizes dual appetite for global exposure and lower-risk equity
TORONTO, May 18 /CNW/ - TD Asset Management Inc. (TDAM) has launched a
new fund that builds on the success of its Canadian and Global Low
Volatility Funds, and simultaneously meets the rising demand for
exposure to equities represented by the MSCI All Country World Index
(ACWI). The new TD Emerald Low Volatility All World Equity Pooled Fund Trust (PFT) was initially
launched to meet the specific needs of a large pension plan which
seeded the fund with C$100 million in capital.
This is the third low volatility fund launched by TDAM since the
introduction of the TD Emerald Low Volatility Canadian Equity PFT in September 2009 - the first of its
kind in Canada. Robin Lacey, Vice Chair, TDAM notes that, "The low
volatility strategy has established itself over the past 18 months in
the Canadian market, and this risk-focused approach can also be a
prudent way to deploy capital in emerging markets which have potential
for enhanced returns, but where the risk levels are also potentially
high. The low-volatility strategy is an excellent way to mitigate that
TDAM's low volatility funds encompass strategies that build portfolios
using risk as a primary selection criterion. "Using an extensively
researched, risk-controlled approach to security selection, TDAM's low
volatility funds are constructed by overweighting equities that are
expected to deliver less volatile returns. The result is highly
diversified, lower volatility portfolios with returns expected to be
similar to those of their related index benchmarks over a full-market
cycle," adds Lacey.
As of May 12, 2011, the TD Emerald Low Volatility Canadian Equity PFT and TD Emerald Low Volatility Global Equity PFT have over C$83 million in assets. With
the addition of the new All World Equity mandate, the total of assets
under management in low volatility strategies at TDAM is over C$185
About TD Asset Management Inc. (TDAM)
TD Asset Management Inc. is a fully integrated North American investment
manager, with over C$189 billion in assets under management as of March
31, 2011. TDAM offers investment solutions to corporations, pension
funds, endowments, foundations and high net worth individuals. A
cornerstone of the success of TDAM's investment strategies has been the
firm's disciplined and risk-controlled approach to investment, along
with its ability to innovate progressive solutions that meet clients'
changing needs and objectives.
TD Asset Management Inc. (TDAM) is a wholly-owned subsidiary of The
Toronto-Dominion Bank (TD Bank).
®/ The TD logo and other trade-marks are the property of The
Toronto-Dominion Bank or a wholly-owned subsidiary, in Canada and/or
SOURCE TD Asset Management Inc.
For further information:
www.tdaminstitutional.com or contact: Carly Libman, TD Bank Group, 416-983-4384, firstname.lastname@example.org