TORONTO, May 1, 2013 /CNW/ - TD Asset Management Inc. (TDAM), the
manager of TD Mutual Funds, today announced the launch of a new Premium
Series for its TD Target Return Funds.
In expanding its Series' offerings, TDAM's new Target Return Premium
Series gives investors another reason to take advantage of the Funds'
unique approach to investing. Unlike other mutual funds, TD Target
Return Funds seek to achieve a defined target rate of return. The
Portfolio Manager carefully manages and monitors risk, and has the
flexibility to choose among different asset classes and regions in
seeking to achieve the desired return.
"We know that many investors seek investment options that will provide
the potential for stable returns," stated Sandra Cimoroni, President,
TD Mutual Funds. "TD's new Premium Series for our popular Target Return
Funds makes them an even more attractive solution to help investors
achieve that objective."
Both TD Target Return Funds - the TD Target Return Conservative Fund and
the TD Target Return Balanced Fund - aim to provide three key benefits:
A defined target return
Protection against inflation
In addition to the current fund options, the Target Return Premium
Series' is available with a minimum investment of $100,000 per fund
with subsequent investments of $100. Both Funds are suitable for
investors who are focused on maintaining their capital with some growth
potential as well as those focused on wealth accumulation with
potentially reduced risk. They are a great alternative to fixed income
or balanced investments or for investors who are hesitant about
re-entering the markets given the volatility of recent years.
For more information, please see the applicable TD Mutual Funds
About TD Asset Management Inc.
Under the TD Mutual Funds name, TDAM provides a diverse range
of 70 mutual funds, 26 professionally managed portfolios and
20 corporate class funds. TDAM manages retail mutual fund assets on
behalf of more than 1.8 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 Direct Investing, TD Wealth Financial
Planning and TD Wealth Private Investment Advice, as well as leading
investment dealers, independent brokers, advisors and financial
planners. As of March 31, 2013, TDAM was the fourth largest mutual fund
company in Canada, with CDN$73.9 billion invested in TD Mutual Funds.
SOURCE: TD Asset Management Inc.
For further information:
For media inquiries, please contact:
TD Bank Group