TORONTO, Aug. 9, 2016 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of TD Mutual Funds, announced the launch of two currency neutral funds: the Epoch Global Shareholder Yield Currency Neutral Fund and the TD U.S. Low Volatility Currency Neutral Fund (the "Funds").
For investors seeking foreign equity exposure, the Funds seek to minimize the impact that currency fluctuations can have on the Funds' underlying investments.
"These new solutions offer investors access to two of our most popular U.S. and Global equity strategies, with less worry of how currency fluctuations will affect their returns," said Tim Wiggan, Chief Executive Officer, TDAM. "Our hedging strategies can help reduce the risk associated with foreign currency exposure, which can benefit investors, particularly when the Canadian dollar appreciates versus the U.S. dollar or other foreign currencies."
Whether investors are seeking a currency neutral solution with a low volatility U.S. equity focus, or a broader global equity option that can deliver regular income, the Funds strive to deliver consistent and strong risk-adjusted returns over the longer term.
For more information or to see the applicable TD Mutual Funds prospectus, visit tdam.com.
About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. in the U.S. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Collectively, TDAM manages over C$300 billion in assets as at March 31, 2016.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated.
TD Mutual Funds and the TD Managed Assets Program portfolios are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank and are available through authorized dealers.
SOURCE TD Asset Management Inc.
For further information: For media inquiries:Ana Aujla, TD Bank Group, 416.542-0211, Ana.Aujla@td.com