TORONTO, Sept. 12, 2012 /CNW/ - TD Asset Management Inc. (TDAM), the
manager of TD Mutual Funds, today announced the launch of two new
Balanced Funds - TD Tactical Monthly Income Fund and TD Strategic Yield Fund - and the expansion of its Corporate Class offering with six additional
corporate classes. These funds align with the needs of investors,
demonstrating TDAM's commitment to building valuable investment
With a flexible approach to asset allocation and a focus on investments
in income-producing securities, the TD Tactical Monthly Income Fund and
TD Strategic Yield Fund are designed to earn income and capital
"The new funds, which seek to bring growth potential or low volatility
to an investor's portfolio, are great additions to the TD Mutual Fund
family," says Sandy Cimoroni, President, TD Mutual Funds.
Expansion of the Corporate Classes provides investors with an even
broader range of options within the TD Mutual Funds line-up. The
Corporate Classes span different asset classes, from fixed income to
equity funds and also includes balanced fund options. For investors
looking for tax-efficient investment solutions, Corporate Classes
provide investors with the ability to defer taxes when switching
between classes and the flexibility to decide when to trigger a capital
gain or loss. The Corporate Classes now include:
TD Canadian Low Volatility Class
TD Tactical Monthly Income Class
TD Fixed Income Capital Yield Pool Class
TD Dividend Income Class
TD Global Low Volatility Class
TD Global High Yield Capital Class*
*Please note: the TD Global High Yield Capital Class will be available
on September 13, 2012.
"These products continue to build on our innovative and responsive
approach to meeting our clients' needs," adds Cimoroni. "The
low-volatility funds in the Corporate Class offering seek to reduce
volatility, something that is increasingly important to investors.
These low-volatility funds together with the new Balanced funds and the
expansion of our Corporate Class offering are excellent examples of
product solutions investors look for, and expect, from one of Canada's
leading asset managers."
For more information, please see the applicable TD Mutual Funds
About TD Asset Management Inc.
Under the TD Mutual Funds name, TD Asset Management (TDAM) provides a
diverse range of 66 mutual funds, 30 professionally managed
portfolios and 20 corporate class funds. TDAM manages retail mutual
fund assets on behalf of more than 1.7 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 Waterhouse Discount Brokerage,
Financial Planning and Private Investment Advice, as well as leading
investment dealers, independent brokers, advisors and financial
planners. As of August 31, 2012, TDAM was the fourth largest mutual
fund company in Canada, with $66.7 billion invested in TD Mutual Funds.
SOURCE: TD Asset Management Inc.
For further information:
For media inquiries, please contact:
TD Bank Group