TORONTO, March 29 /CNW/ - TD Mutual Funds was recognized with four Lipper
Fund Awards at a ceremony held in Toronto last night.
The Lipper Fund Awards are awarded annually to top-performing mutual
funds and fund families in 21 countries to recognize funds that have excelled
in delivering consistently strong risk-adjusted performance relative to their
peers. Lipper Funds tracks 135,000 funds globally.
Each of the following TD Mutual Funds were named as the top Fund in
Canada over three years in their respective category: TD Canadian Equity Fund,
TD Latin American Growth Fund, TD Japanese Growth Fund and the TD
Entertainment & Communications Fund.
"Winning these awards is a fantastic achievement that underlines the
strength of our fund line-up and the ability of our fund managers," says Tim
Pinnington, President, TD Mutual Funds. "This is a testament to the
satisfaction of the investors who have enjoyed strong, consistent results from
these Funds and to the efforts of the teams managing them."
The TD Latin American Growth Fund is advised by Cristina Piedrahita and
Scott Piper of Morgan Stanley Investment Management Inc. The Fund is designed
to achieve long-term growth by investing in companies located in or that have
their principle activities in Mexico, Central America and South America.
The TD Japanese Growth Fund is advised by Charles Edwardes-Ker and Bruce
Cooper, of TD Asset Management Inc. The Fund strives to achieve long-term
capital growth by investing primarily in companies located in, or that have
their principle activities in Japan.
The TD Entertainment & Communications Fund is advised by portfolio
managers Henry M. Ellenbogen and Robert Bartolo of T. Rowe Price Associates
Inc. The Fund strives to achieve long-term capital appreciation by investing
primarily in companies whose products and services relate to the
entertainment, media and communications industries.
The TD Canadian Equity Fund is advised by John Smolinski and Scott
Margach of TD Asset Management Inc. The objective of the Fund is to achieve
long-term capital appreciation through investments in high-quality equity
securities issued principally by Canadian corporations judged to offer high
Lipper, a wholly owned subsidiary of Reuters, is a leading global
provider of mutual fund information and analysis to fund companies, financial
intermediaries, and media organizations. Lipper clients manage more than 95%
of U.S. fund assets. The firm, founded in 1973 and headquartered in New York,
tracks 135,000 funds worldwide through its offices in major financial capitals
in North America, Europe, and Asia.
About TD Asset Management Inc. (TDAM)
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 funds on behalf of more than 1.4 million investors and TD Mutual Funds
is one of the more 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 and
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)