TD Asset Management signs on to the U.N. Principles for Responsible Investment

    TORONTO, July 22 /CNW/ - TD Asset Management Inc. is pleased to announce
it has become a signatory to the United Nations Principles for Responsible
    A signatory to the Principles makes three commitments about integrating
environmental, social and corporate governance factors into its investment
analysis, and three commitments about encouraging the success of the
Principles, all in a way that is consistent with the signatory's legal
obligations to its clients.
    "We have a long history of promoting good governance of the companies in
which we invest," said Barbara Palk, President, TD Asset Management Inc. "We
look forward to learning from the experiences of signatories from other
countries who have developed sound approaches to integrating environmental and
social factors into their investment analysis. Learning from their experience
can help us achieve better risk-adjusted returns for our clients in a manner
that is consistent with their investment objectives and our fiduciary
    Becoming a signatory to the Principles builds on TD Asset Management
Inc.'s earlier decision to sign on to the Carbon Disclosure Project, and is
consistent with the TD Bank Financial Group's Environmental Policy. "The
decision by TD Asset Management to sign on to the Principles fits well with
our commitment to the environment," added Mike Pedersen, Group Head Corporate
Operations, TD Bank Financial Group. "TD is a signatory to a number of leading
environmental initiatives worldwide, including the Equator Principles and the
U.N. Environmental Program Finance Initiative. TD is also committed to the
environment at the local level through our TD Friends of the Environment
Foundation, which has given $45 million to fund 17,000 grassroots environment
projects since its inception 18 years ago."

    About TD Asset Management

    TD Asset Management Inc. is one of Canada's largest investment management
firms, with leading market positions in active, enhanced and indexed portfolio
management. It is a fully integrated investment management business that
offers its clients a wide range of investment options, including pooled
investment funds and segregated investment accounts. As of May 31, 2008, TD
Asset Management Inc. and its affiliates had over C$178 billion in assets
under management for pension, insurance, endowment/foundation and corporate
clients, as well as for high-net worth clients and retail mutual funds.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group is the seventh largest bank
in North America by branches and serves approximately 17 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 Commerce; 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 5.5 million on-line customers. TD Bank
Financial Group had CDN$503.6 billion in assets as of April 30, 2008. 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: Julia Koene, Corporate Communications, TD Bank
Financial Group at (416) 307-8664 or

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