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TD Mutual Funds Announces Record February Results
TORONTO, March 6 /CNW/ - TD Asset Management Inc. (TDAM) announced long-term fund net sales of $937 million and money market fund net sales of $222 million for total net fund sales of $1,159 million in the month of February. "February 2007 had higher net sales than any other February on record for us and is a clear indicator that our funds are answering the needs of our clients," said Tim Pinnington, President, TD Mutual Funds. "The TD Managed Assets Program, in particular, continues to achieve tremendous net sales and to be a great investment solution for our clients." TD Mutual Funds' top selling funds in February included the TD Managed Balanced Growth Portfolio, TD Income Advantage Portfolio, TD Global Dividend Fund and the TD Managed Aggressive Growth Portfolio. 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 February 28, 2007, TDAM was the fourth largest mutual fund company in Canada, with approximately $53 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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