Ladies: When it comes to investing, are you a Panicked Paula or a Confident Kate?

    TD Waterhouse poll finds four distinct personality types among female

    -   Most Canadian women are disengaged from investing, conservative and
    -   Yet more than half are happy or satisfied with their investments

    TORONTO, Nov. 26 /CNW/ - Four distinct investor types emerge from the
2007 TD Waterhouse Female Investor Poll, a comprehensive annual study of
Canadian women's attitudes towards investing. They provide a psychological
profile of how women perceive themselves in terms of engagement and
satisfaction when it comes to their role as investors.
    "Successful investors are usually confident investors, and vice versa,"
says Patricia Lovett-Reid, Senior Vice-President, TD Waterhouse. "And so this
year, we decided to use our Female Investor Poll to map women's levels of
confidence in investing and understand what's going on in Canadian women's
minds when it comes to their investments."
    Researchers used a simple formula (Engagement + Satisfaction =
Confidence) to analyze responses to two specific questions: how engaged are
you in investing, and how do you feel about your investments. From the data
gathered, they arrived at a 'Confidence Map' of the Canadian female investor.
    The poll, conducted by TNS Canadian Facts among 995 Canadian women, found
four investor personality types: Panicked Paula (36% of respondents), Blissful
Betty (34%), Sleepless Sally (11%) and Confident Kate (19%).

    Panicked Paula: overwhelmed and confused

    Panicked Paula is disengaged from the process of investing, paying little
or no attention to what goes on in financial markets, yet is still worried
about the state of her investments. This investor type tends to be younger
(33% are age 25-35) and less than one-in-ten have a financial plan. Not
surprisingly, most (62%) have a low tolerance for risk, and, at $55,400, they
have the lowest average household assets among the four personality types.
    "Clearly Panicked Paula is overwhelmed and confused by investing,"
comments Lovett-Reid. "That's not unusual, especially among younger women or
those who are forced to get more engaged in their investments due to a sudden
change in lifestyle. The most important thing for this investor is to take the
first step. Meeting with a financial planner would do wonders to build both
her confidence and her knowledge."

    Blissful Betty: disengaged, yet happy

    Blissful Betty, like Panicked Paula, is detached from the investment
process and pays little or no attention to it. Yet unlike Paula, this doesn't
worry her. On the contrary, she is feeling confident. Blissful Betty comes in
all ages and has average household investment assets of $107,500. She is twice
as likely as Panicked Paula to have a financial plan (one in five vs. one in
ten) and has a low risk tolerance (57% define themselves as low risk).
    Blissful Betty worries Lovett-Reid. "Is she happy-go-lucky because she
has delegated all responsibility for her investments to someone else? Or
perhaps she hasn't considered the possibility that her life could take an
unexpected turn such as divorce or outliving her financial assets? Either way,
Blissful Betty needs to get more engaged in investing. Even if she has a
trusted advisor managing her investments, she needs to be involved in the key

    Sleepless Sally: engaged, yet worried

    Although Sleepless Sally is knowledgeable, diligent and engaged in
investing, she still worries about her investments. She is somewhat older than
Panicked Paula (more than a third are age 36-45), and has, on average, more
household investment assets ($137,200) than either Panicked Paula or Blissful
Betty. One-in-four Sleepless Sallys have a financial plan.
    For the 75% of Sleepless Sallys who don't yet have a financial plan,
Lovett-Reid asks: "What are you waiting for? Without long-term objectives and
a portfolio strategy to meet them, you are living and investing day to day -
and that is a recipe for insomnia."

    Confident Kate: engaged and confident

    Confident Kate is engaged in the world of investing, has taken action to
ensure her financial security, and is happy about what she has achieved. She
is typically older (four-in-ten are age 56-69) and has more than four times
the household investment assets as Panicked Paula ($240,900 vs. $55,400). Half
of this group has a financial plan and they have the highest tolerance among
all groups for assuming a medium level of risk (57%).
    "Confident Kate is at a place all female investors should strive for:
she's interested and engaged, confident and successful," says Lovett-Reid.
"This is a wonderful place to be. My only concern is that I would have liked
the Confident Kates to get here sooner. It seems like the classic case of
'with age comes wisdom'. From a financial perspective, wisdom and confidence
really come from being engaged and making finances a priority."

    More Key Findings:

    -   Seventy percent of respondents have little or no interest in
        investing, and pay scant attention to what is going on in financial
        markets. Among this group, roughly half are Blissful Bettys and half
        are Panicked Paulas.

    -   Fifty-three percent of women overall are happy with their
        investments, yet only one-in-five (19%) are also engaged and
        interested in investing.

    -   Sixty-six percent of women are married or living in common law
        relationships - this is the highest, at 70%, among Blissful Bettys.
        Yet only 16% of all poll respondents and only 15% of Blissful Bettys
        have a financial contingency plan for divorce. This compares with
        Statistics Canada's latest (2003) findings on marriage that indicate
        38.3% of marriages will end in divorce by the 30th wedding

    "On the whole, our 2007 poll found Canadian women investors to be
somewhat less engaged than they should be in the world of investing,"
concludes Lovett-Reid. "They are conservative with their finances, and very
few will assume high risks. As they get older, they naturally become more
active and sure of themselves."
    "The challenge for financial advisors is to help women who are
disengaged, perhaps lacking in confidence and younger in age to get in the
game sooner and realize the benefits of a long-term investment horizon."
    The 2007 Female Investor Poll was conducted for TD Waterhouse using TNS
Canadian Facts' online panel. Respondents for the survey were women aged 25 to
69 who have sole or shared responsibility for household financial planning or
investment decisions. A total of 995 women participated in the online survey
between September 14th and 19th, 2007. Final data are weighted to be
representative of women by age and region.

    About TNS

    TNS is one of the world's leading market information groups, providing
market measurement, analysis and insight through its operating companies in
70 countries. Working with national and multi-national organizations, we help
our clients develop effective business strategies and enhance relationships
with their customers. In Canada, TNS Canadian Facts provides full-service,
primary market research. Its mission is to become clients' sixth sense of
business(TM) by giving them a deeper understanding of their customers'
behaviour, better anticipation of their actions and greater insight into what
they really want.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust; Wealth Management, including TD Waterhouse and an
investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD
Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on-line customers. TD Bank Financial Group had
CDN$404 billion in assets, as of July 31, 2007. The Toronto-Dominion Bank
trades on the Toronto and New York Stock Exchanges under the symbol "TD", as
well as on the Tokyo Stock Exchange.

For further information:

For further information: Stephen Ledgley, NATIONAL Public Relations,
(416) 848-1376,

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