TORONTO, March 6 /CNW/ - TD Asset Management Inc. (TDAM) announced
long-term fund net sales of $937 million and money market fund net sales of
$222 million for total net fund sales of $1,159 million in the month of
"February 2007 had higher net sales than any other February on record for
us and is a clear indicator that our funds are answering the needs of our
clients," said Tim Pinnington, President, TD Mutual Funds. "The TD Managed
Assets Program, in particular, continues to achieve tremendous net sales and
to be a great investment solution for our clients."
TD Mutual Funds' top selling funds in February included the TD Managed
Balanced Growth Portfolio, TD Income Advantage Portfolio, TD Global Dividend
Fund and the TD Managed Aggressive Growth Portfolio.
About TD Asset Management Inc.
Under the TD Mutual Funds name, TDAM provides a diverse range of over 65
mutual funds and 15 professionally managed portfolios. TDAM manages retail
mutual fund assets on behalf of more than 1.4 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 February 28, 2007, TDAM was
the fourth largest mutual fund company in Canada, with approximately $53
billion invested in TD Mutual Funds.
For further information:
For further information: Lisa Hodgins, TD Bank Financial Group, (416)