TD Bank Group Newsroom
TD Mutual Funds wins four Lipper Fund Awards
TORONTO, March 29 /CNW/ - TD Mutual Funds was recognized with four Lipper Fund Awards at a ceremony held in Toronto last night. The Lipper Fund Awards are awarded annually to top-performing mutual funds and fund families in 21 countries to recognize funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. Lipper Funds tracks 135,000 funds globally. Each of the following TD Mutual Funds were named as the top Fund in Canada over three years in their respective category: TD Canadian Equity Fund, TD Latin American Growth Fund, TD Japanese Growth Fund and the TD Entertainment & Communications Fund. "Winning these awards is a fantastic achievement that underlines the strength of our fund line-up and the ability of our fund managers," says Tim Pinnington, President, TD Mutual Funds. "This is a testament to the satisfaction of the investors who have enjoyed strong, consistent results from these Funds and to the efforts of the teams managing them." The TD Latin American Growth Fund is advised by Cristina Piedrahita and Scott Piper of Morgan Stanley Investment Management Inc. The Fund is designed to achieve long-term growth by investing in companies located in or that have their principle activities in Mexico, Central America and South America. The TD Japanese Growth Fund is advised by Charles Edwardes-Ker and Bruce Cooper, of TD Asset Management Inc. The Fund strives to achieve long-term capital growth by investing primarily in companies located in, or that have their principle activities in Japan. The TD Entertainment & Communications Fund is advised by portfolio managers Henry M. Ellenbogen and Robert Bartolo of T. Rowe Price Associates Inc. The Fund strives to achieve long-term capital appreciation by investing primarily in companies whose products and services relate to the entertainment, media and communications industries. The TD Canadian Equity Fund is advised by John Smolinski and Scott Margach of TD Asset Management Inc. The objective of the Fund is to achieve long-term capital appreciation through investments in high-quality equity securities issued principally by Canadian corporations judged to offer high growth potential. About Lipper Lipper, a wholly owned subsidiary of Reuters, is a leading global provider of mutual fund information and analysis to fund companies, financial intermediaries, and media organizations. Lipper clients manage more than 95% of U.S. fund assets. The firm, founded in 1973 and headquartered in New York, tracks 135,000 funds worldwide through its offices in major financial capitals in North America, Europe, and Asia. About TD Asset Management Inc. (TDAM) 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 funds on behalf of more than 1.4 million investors and TD Mutual Funds is one of the more 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 and 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, email@example.com
Get News Alerts by Email
Receive breaking news from TD Bank Group directly to your inbox.