TD Asset Management Inc. Announces Changes to MAP Portfolios Fee Disclosures

News provided by

TD Asset Management Inc.

Oct 24, 2017, 13:00 ET

TORONTO, Oct. 24, 2017 /CNW/ - TD Asset Management Inc. (TDAM), the manager of the TD Managed Assets Program (MAP), today announced changes to the management fee disclosure of the funds in TD MAP Portfolios. Currently, the annual management fee rate for each series of each fund is expressed as a maximum annual rate in the simplified prospectus.  Effective on or about October 26, 2017, the simplified prospectus will disclose a specified annual management fee rate. Going forward, where TDAM chooses to charge a management fee below the specified annual rate, a waived management fee will be stated in the financial reports of the applicable fund.

For each series of each of the TD Managed Portfolios, TD FundSmart Managed Portfolios and TD Managed Index Portfolios under TD MAP, the specified annual management fee rate that will be disclosed will be a different rate than the maximum annual fee rate that is currently disclosed in the simplified prospectus.  Certain series of certain funds also have capped management expense ratios (MER), as disclosed in the simplified prospectus. The disclosed rate of the capped MERs for some of these series will be reduced.

These changes are not expected to result in a material difference in the annual management fees or MERs charged to the funds in respect of affected series. The annual management fee rates and capped MERs, if any, of the applicable series of the funds will be as follows:

Mutual Fund

Series

Current
maximum
annual
management
fee rate
disclosed in
simplified
prospectus

Annual
management
fee rate to
be disclosed
in simplified
prospectus
effective on
or about
October 26, 2017

Current
maximum
MER
disclosed
in
simplified
prospectus

New

Maximum
MER to be
disclosed
in
simplified
prospectus
effective
on or
about
October 26, 2017

TD Managed Portfolios

TD Managed Income Portfolio

Investor Series

2.10%

1.70%

2.10%

1.90%

TD Managed Income Portfolio

H-Series

2.10%

1.70%

2.10%

1.90%

TD Managed Income Portfolio

Premium Series

1.60%

1.50%

1.60%

1.60%

TD Managed Income Portfolio

K-Series

1.60%

1.50%

1.60%

1.60%

TD Managed Income Portfolio

Advisor Series

2.35%

1.70%

2.35%

1.90%

TD Managed Income Portfolio

T-Series

2.35%

1.70%

2.35%

1.90%

TD Managed Income Portfolio

F-Series

0.75%

0.70%

n/a

n/a

TD Managed Income Portfolio

S-Series

0.75%

0.70%

n/a

n/a

TD Managed Income & Moderate Growth Portfolio

Investor Series

2.30%

1.90%

2.30%

2.10%

TD Managed Income & Moderate Growth Portfolio

H-Series

2.30%

1.90%

2.30%

2.10%

TD Managed Income & Moderate Growth Portfolio

Premium Series

1.80%

1.70%

1.80%

1.80%

TD Managed Income & Moderate Growth Portfolio

K-Series

1.80%

1.70%

1.80%

1.80%

TD Managed Income & Moderate Growth Portfolio

Advisor Series

2.55%

1.90%

2.55%

2.10%

TD Managed Income & Moderate Growth Portfolio

T-Series

2.55%

1.90%

2.55%

2.10%

TD Managed Income & Moderate Growth Portfolio

F-Series

0.95%

0.80%

n/a

n/a

TD Managed Income & Moderate Growth Portfolio

S-Series

0.95%

0.80%

n/a

n/a

TD Managed Balanced Growth Portfolio

Investor Series

2.45%

2.00%

2.45%

2.25%

TD Managed Balanced Growth Portfolio

H-Series

2.45%

2.00%

2.45%

2.25%

TD Managed Balanced Growth Portfolio

Premium Series

1.95%

1.80%

1.95%

1.95%

TD Managed Balanced Growth Portfolio

K-Series

1.95%

1.80%

1.95%

1.95%

TD Managed Balanced Growth Portfolio

Advisor Series

2.70%

2.00%

2.70%

2.25%

TD Managed Balanced Growth Portfolio

T-Series

2.70%

2.00%

2.70%

2.25%

TD Managed Balanced Growth Portfolio

F-Series

1.10%

0.90%

n/a

n/a

TD Managed Balanced Growth Portfolio

S-Series

1.10%

0.90%

n/a

n/a

TD Managed Aggressive Growth Portfolio

Investor Series

2.55%

2.10%

2.55%

2.35%

TD Managed Aggressive Growth Portfolio

Premium Series

2.05%

1.90%

2.05%

2.05%

TD Managed Aggressive Growth Portfolio

Advisor Series

2.80%

2.10%

2.80%

2.35%

TD Managed Aggressive Growth Portfolio

F-Series

1.20%

1.00%

n/a

n/a

TD Managed Maximum Equity Growth Portfolio

Investor Series

2.70%

2.20%

2.70%

2.50%

TD Managed Maximum Equity Growth Portfolio

Premium Series

2.20%

2.00%

2.20%

2.20%

TD Managed Maximum Equity Growth Portfolio

Advisor Series

2.95%

2.20%

2.95%

2.50%

TD Managed Maximum Equity Growth Portfolio

F-Series

1.35%

1.10%

n/a

n/a

TD FundSmart Managed Portfolios

TD FundSmart Managed Income & Moderate Growth Portfolio

Investor Series

2.80%

2.35%

2.80%

2.75%

TD FundSmart Managed Income & Moderate Growth Portfolio

H-Series

2.80%

2.35%

2.80%

2.75%

TD FundSmart Managed Income & Moderate Growth Portfolio

Premium Series

2.25%

2.00%

2.25%

2.25%

TD FundSmart Managed Income & Moderate Growth Portfolio

K-Series

2.25%

2.00%

2.25%

2.25%

TD FundSmart Managed Income & Moderate Growth Portfolio

Advisor Series

2.90%

2.35%

2.90%

2.75%

TD FundSmart Managed Income & Moderate Growth Portfolio

T-Series

2.90%

2.35%

2.90%

2.75%

TD FundSmart Managed Balanced Growth Portfolio

Investor Series

2.95%

2.50%

2.95%

2.90%

TD FundSmart Managed Balanced Growth Portfolio

H-Series

2.95%

2.50%

2.95%

2.90%

TD FundSmart Managed Balanced Growth Portfolio

Premium Series

2.35%

2.10%

2.35%

2.35%

TD FundSmart Managed Balanced Growth Portfolio

K-Series

2.35%

2.10%

2.35%

2.35%

TD FundSmart Managed Balanced Growth Portfolio

Advisor Series

3.05%

2.50%

3.05%

2.90%

TD FundSmart Managed Balanced Growth Portfolio

T-Series

3.05%

2.50%

3.05%

2.90%

TD FundSmart Managed Aggressive Growth Portfolio

Investor Series

3.05%

2.55%

3.05%

2.95%

TD FundSmart Managed Aggressive Growth Portfolio

Premium Series

2.40%

2.15%

2.40%

2.40%

TD FundSmart Managed Aggressive Growth Portfolio

Advisor Series

3.15%

2.55%

3.15%

2.95%

TD Managed Index Portfolios

TD Managed Index Income Portfolio

Investor Series

1.50%

1.35%

1.50%

1.50%

TD Managed Index Income Portfolio

e-Series

1.20%

1.10%

1.20%

1.20%

TD Managed Index Income & Moderate Growth Portfolio

Investor Series

1.55%

1.40%

1.55%

1.55%

TD Managed Index Income & Moderate Growth Portfolio

e-Series

1.25%

1.15%

1.25%

1.25%

TD Managed Index Balanced Growth Portfolio

Investor Series

1.60%

1.45%

1.60%

1.60%

TD Managed Index Balanced Growth Portfolio

e-Series

1.30%

1.20%

1.30%

1.30%

TD Managed Index Aggressive Growth Portfolio

Investor Series

1.65%

1.50%

1.65%

1.65%

TD Managed Index Aggressive Growth Portfolio

e-Series

1.35%

1.25%

1.35%

1.35%

TD Managed Index Maximum Equity Growth Portfolio

Investor Series

1.70%

1.55%

1.70%

1.70%

TD Managed Index Maximum Equity Growth Portfolio

e-Series

1.40%

1.30%

1.40%

1.40%

TD Asset Management Inc.

TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. In the U.S., TDAM brings new thinking to investors' most important challenges. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Collectively, TDAM manages C$344 billion in assets as at September 30, 2017.

SOURCE TD Asset Management Inc.

For further information: Emily Vear, TD Bank Group, 416-983-2132, [email protected]

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TD Asset Management Inc.