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TD Waterhouse Private Investment Counsel Inc. Introduces the TD Private Diversified Canadian Equity Fund
TORONTO, Nov. 30 /CNW/ - TD Waterhouse Private Investment Counsel Inc. ("TDW PIC"), a subsidiary of The Toronto-Dominion Bank, announced today the launch of the new TD Private Diversified Canadian Equity Fund (the "Fund"). Available exclusively through TDW PIC, the Fund is managed by John Kustec, Managing Director, TD Harbour Capital, a division of TD Asset Management Inc.
The investment objective of the Fund is to achieve long-term capital appreciation by having a majority of the Fund's assets invested in, or providing exposure to, equity securities issued by Canadian corporations. The Fund may also invest in Canadian-issued money market securities and bonds, and in commodities, as well as in units of other investment funds.
"These features make this Fund unique in the marketplace and could be effective in these uncertain markets. This value-style Fund offers our clients an investment to potentially grow while aiming to proactively defend a client's portfolio," said Dave Kelly, Senior Vice President, TDW PIC.
The Fund is sold via an offering circular and is available to accredited investors of TDW PIC. For more detailed information about the Fund, including its risks, please see the Fund's offering documents.
About TD Asset Management Inc.
TD Asset Management Inc. is one of Canada's largest investment management firms, with leading market positions in active, enhanced and indexed portfolio management. It is a fully integrated investment management business that offers its clients a wide range of investment options, including mutual funds, pooled investment funds and segregated investment accounts. As of September 30, 2010, TD Asset Management Inc. and its affiliates had over C$181.1 billion in assets under management for pension, insurance, endowment/foundation and corporate clients, as well as for high-net worth clients and retail mutual funds.
About TD Waterhouse Private Investment Counsel Inc.
TD Waterhouse Private Investment Counsel Inc. is Canada's largest private client money management firm. Its extensive network of professional portfolio managers provide discretionary investment management services to high net worth individuals and their families, small and mid-size corporations, charitable organizations and foundations, and executors and trustees from coast to coast.
or media inquiries, please contact:
Ali Duncan Martin, TD Bank Financial Group, 416-983-4412, Ali.DuncanMartin@td.com
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