TORONTO, April 23 /CNW/ - As part of its ongoing commitment to broaden
and deepen its institutional solution set, TDAM USA Inc. announces the launch
of a new mutual fund for institutional investors.
"The TDAM Global Sustainability Fund offers an innovative combination of
companies recognized for their leading approach to building sustainable
businesses, as well as companies that are developing interesting solutions for
today's pressing environmental problems," said Robin Lacey, Managing Director,
TD Asset Management.
"Many plan sponsors are looking for options to invest in companies that
are making a positive contribution to the world's future sustainability," said
John P. Reynolds, Director of Business Development, TD Asset Management. "We
are pleased to launch a fund that offers exposure to sustainable investing."
The Fund seeks to achieve long-term capital appreciation by investing
primarily in equity securities of companies from around the globe viewed as
contributing to the world's future sustainability. These companies are
selected from the Dow Jones Sustainability World Index SM (DJSI World), which
consists of approximately the top ten percent of companies in terms of
sustainability, out of the largest 2,500 companies worldwide by free-flow
market capitalization. The index is based on the comprehensive sustainability
assessment by SAM, the Zurich-based sustainability investing specialist, and
thus reflects an integrated analysis of economic, environmental and social
criteria focused on long-term shareholder value.
"In addition, a portion of the portfolio will be dedicated to emerging
specialists in environmental technology," said Thomas George, Vice President
and Director, Portfolio Management, TD Asset Management. "The emerging
environmental specialist portion of the portfolio is comprised of companies
that provide innovative solutions for today's pressing environmental problems.
These solutions may represent either their core business focus or a
significant and growing part of their business. The three major themes from
this part of the portfolio are clean water, resource efficiency and
"We're pleased to announce a fund that offers the potential for long-term
value with the growth potential of companies on the cutting-edge of new
environmental technologies," concluded Mr. Reynolds.
About TD Asset Management
TD Asset Management operates in the United States as TDAM USA Inc. and in
Canada as TD Asset Management Inc. TD Asset Management is a highly
diversified North American investment management organization with leading
market positions in active, quantitative and passive portfolio management. As
of March 31, 2009, TD Asset Management's investment professionals managed over
US$134 billion in assets under management on behalf of pension, insurance,
endowment/foundation and corporate clients, as well as for high-net worth
individuals and retail mutual funds. As part of its commitment to sustainable
investing, TD Asset Management is a signatory to the United Nations Principles
for Responsible Investment, a signatory to the Carbon Disclosure Project, and
a member of the Canadian Coalition for Good Governance.
For Media Relations: Julia Koene, Corporate & Public Affairs, TD Bank
Financial Group at (416) 307-8664 or firstname.lastname@example.org.
Investing involves risk, including possible loss of principal. In
addition to the normal risks associated with investing, international
investments may involve risk of capital loss from unfavorable fluctuation
in currency values, from differences in generally accepted accounting
principles or from social, economic or political instability in other
Before investing you should carefully read the prospectus and carefully
consider the investment objectives, risks, charges and expenses of the
fund. The prospectus contains this and other information and may be
obtained by calling (866) 416-4031.
The TDAM Global Sustainability Fund is a series of TD Asset Management
USA Funds Inc. SEI Investments Distribution Co., which is not affiliated
with TDAM USA Inc., acts as distributor of shares of the fund.
Dow Jones Sustainability Index(SM) and the referenced trademarks have
been licensed for use for certain purposes by TDAM USA Inc. TDAM USA
Inc.'s TDAM Global Sustainability Fund based on the Dow Jones
Sustainability Index(SM) is not sponsored, endorsed, sold or promoted by
SAM Indexes GmbH, Dow Jones & Company, Inc. or any of their respective
affiliates. Neither SAM Indexes GmbH, Dow Jones & Company, Inc. nor any
of their respective affiliates makes any representation regarding the
advisability of investing in such product(s).
This material is not intended to be relied upon as investment advice, and
is not a recommendation, offer or solicitation to buy or sell any
securities or to adopt any investment strategy.
For further information:
For further information: please see above.