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
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).
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SOURCE: TD Asset Management Inc.
For further information:
TD Bank Group