TORONTO, Oct. 5 /CNW/ - TD Asset Management Inc. (TDAM) announced
long-term fund net sales of $47 million and money market fund net sales of
$270 million for total net fund sales of $317 million in the month of
"We saw sales rebound in September as investor confidence improved
following a volatile August," said Timothy Pinnington, President, TD Mutual
Funds. "We also launched two new funds in September - the TD Global
Sustainability Fund and the TD Canadian Core Plus Bond Fund - adding to our
already strong line-up of funds."
TD Mutual Funds' top selling funds for the month included the TD Dividend
Income Fund and the TD Dividend Growth Fund.
About TD Asset Management Inc.
Under the TD Mutual Funds name, TDAM provides a diverse range of over 70
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 September 30, 2007, TDAM was
the fourth largest mutual fund company in Canada, with $55.1 billion invested
in TD Mutual Funds.
For further information:
For further information: Lisa Hodgins, TD Bank Financial Group, (416)