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TD Asset Management Inc. Announces the Launch of a New Global Sustainability Fund, a New Fixed Income Fund and Series Extensions for Three Existing Mutual Funds
TORONTO, Sept. 4 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of TD Mutual Funds, announces the launch of the TD Global Sustainability Fund and the TD Canadian Core Plus Bond Fund, and the addition of new series extensions for three existing mutual funds. The TD Global Sustainability Fund offers a unique combination of companies recognized for their sustainable approach to building thriving businesses, as well as companies that are developing innovative solutions for today's pressing environmental problems. "Many investors are looking for options to invest in companies that are making a positive contribution to the world's future sustainability," said Timothy Pinnington, President, TD Mutual Funds. "We're pleased to launch a fund that offers exposure to the sustainable investing market." The TD Canadian Core Plus Bond Fund gives investors access to world-wide alternatives by investing primarily in Canadian investment grade bonds and, additionally, may invest in global fixed income investments across the credit risk spectrum. The series extensions allow for more funds to be offered in the H, T and S-Series units, which are designed for a higher distribution monthly payout than other series units of the funds. These series extensions also add to the tax efficient product choices in the TD Mutual Funds lineup available to advisors and their clients. "We continually strive to add high-quality product choices to our fund lineup to meet the needs of our advisors and investors," said Pinnington. "With the series extensions, we offer more choice of tax efficient solutions that are a great way to obtain a consistent monthly cash flow for investors." The list of new funds is as follows: New Global Sustainability Fund (Available in Investor, Advisor and F-Series units) TD Global Sustainability Fund New Fixed Income Fund (Available in Investor, Advisor and F-Series units) TD Canadian Core Plus Bond Fund The existing funds offering new series units are as follows: Series Extensions (Now Available in H, T and S-Series units) TD Diversified Monthly Income Fund TD Dividend Growth Fund TD Global Dividend Fund About TD Asset Management Inc. ------------------------------ Under the TD Mutual Funds name, TDAM provides a diverse range of over 65 mutual funds and 15 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 July 31, 2007, TDAM was the fourth largest mutual fund company in Canada, with $55.1 billion invested in TD Mutual Funds.
For further information: please see the TD Mutual Funds prospectus, or contact: Lisa Hodgins, TD Bank Financial Group, (416) 983-2982, firstname.lastname@example.org
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