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TD Mutual Funds reports strong sales in May
TORONTO, June 6 /CNW/ - TD Asset Management Inc. (TDAM) announced long-term fund net sales of $318 million and money market fund net sales of $252 million for total net fund sales of $570 million in the month of May. "May was another great month for TD Mutual Funds," said Tim Pinnington, President, TD Mutual Funds. "We feel that our strong sales reflect the confidence that our investors and their advisors have in the value of our product line-up." TD Mutual Funds' top selling funds in May included the TD Income Advantage Portfolio, the TD Managed Income Portfolio, TD Dividend Income Fund and the TD Managed Income & Moderate 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 May 31, 2007, TDAM was the fourth largest mutual fund company in Canada, with nearly $56 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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