Expands TD Comfort Portfolios line-up
Builds on strength of institutional platform with over $1B AUM in low
volatility strategies across the enterprise
TORONTO, Nov. 28, 2011 /CNW/ - TD Asset Management Inc. (TDAM), the
manager of TD Mutual Funds, today announced the launch of the TD Target
Return Conservative Fund, the TD Target Return Balanced Fund, and the
TD Global Low Volatility Fund, and the expansion of its TD Comfort
Portfolios line-up with the launch of the TD Conservative Income
The only funds of their kind available in Canada, TD Target Return Funds
take a unique approach to investing by seeking to provide potential
protection against inflation, reduced volatility and seeking to achieve
a defined target return over a 5-year period. For investors who want
solutions that offer the potential for more stability during market
volatility, the TD Target Return Funds may be the ideal investment
"We're pleased to be the first fund company in Canada to offer these
types of investment strategies to individual investors. TD Target
Return Funds seek to achieve a specific return, while potentially
reducing volatility by only taking on the risk needed to achieve the
target return," says Sandra Cimoroni, President, TD Mutual Funds. "TD
Target Return Funds were launched in TD Waterhouse Financial Planning
in September and they have been a tremendous success. We're excited to
make them available to additional advisors and investors."
The TD Global Low Volatility Fund is another unique solution which
provides investors with access to developed and emerging market
equities within a framework that seeks to reduce volatility. The Fund
leverages TDAM's proprietary institutional investment strategies which
seek to deliver market returns with lower volatility.
"We're excited to leverage TDAM's institutional expertise to bring the
TD Global Low Volatility Fund to individual investors," says Cimoroni.
TDAM's institutional low volatility equity funds - which are also
unique to institutional investors in Canada - have reached over $1
billion in assets under management across the enterprise since
inception in 2009.
"With continued market volatility, investors - particularly those
nearing and in retirement - are looking for solutions that provide
potential for growth without taking on undue risk, and our Target
Return and Low Volatility Funds address this need," adds Cimoroni.
TDAM has expanded TD Comfort Portfolios with the introduction of the TD
Conservative Income Portfolio. This low risk portfolio seeks to provide
investors with income and modest potential for long-term growth. TD
Comfort Portfolios were originally launched in December 2008 with each
Portfolio comprised of high-quality TD Mutual Funds. They are
professionally managed and selected for an investor's specific
investment goals and risk tolerance, from conservative to aggressive
For more information, please see the applicable TD Mutual Funds prospectus.
About TD Asset Management Inc.
Under the TD Mutual Funds name, TDAM provides a diverse range of over 70
mutual funds and 25 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 October 31, 2011, TDAM was the fourth
largest mutual fund company in Canada, with $61.4 billion invested in
TD Mutual Funds.
SOURCE TD Asset Management Inc.
For further information:
TD Bank Group
For advisor inquiries, please contact: 1-800-588-8054