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TD Mutual Funds Announces March Results
TORONTO, April 10 /CNW/ - TD Asset Management Inc. (TDAM) announced long-term fund net sales of $534 million and money market fund net sales of $91 million for total net fund sales of $625 million in the month of March. "On the heels of record sales during the RSP season, March sales continued to be strong," said Tim Pinnington, President, TD Mutual Funds. "This is a reflection of a solid fund line-up that meets our clients' investment needs." TD Mutual Funds' top selling funds in March included the TD Income Advantage Portfolio, TD Managed Balanced Growth Fund, TD Managed Income Fund and TD Managed Income & Moderate Growth 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 March 31, 2007, TDAM was the fourth largest mutual fund company in Canada, with nearly $54 billion invested in TD Mutual Funds.
For further information: Lisa Hodgins, TD Bank Financial Group, (416) 983-2982, firstname.lastname@example.org
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