TORONTO, Nov. 29, 2012 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, was recognized at the 18^th annual Morningstar® Canadian Investment Awards™ held in Toronto last night. The TD Canadian Core Plus Bond Fund was named Canadian Fixed Income Fund of the year. This is the seventh time that a TD Fund has won for Canadian Fixed Income Fund of the year.

"Winning this award, once again, in one of Canada's most popular fund categories, is a testament to the long-term investment excellence that we deliver to investors," said Sandra Cimoroni, President, TD Mutual Funds. "It acknowledges the strength of our fixed income team and highlights the outstanding investment results that stem from their breadth of experience."

The TD Health Sciences Fund was also recognized as the top fund in its category for the fourth consecutive year.

Several TD Mutual Funds were also named finalists in the following categories:

• TD Monthly Income Fund - was a finalist in the category for best Canadian Balanced Fund.
• TD U.S. Blue Chip Equity Fund - was a finalist in the category for best U.S. Equity Fund.
• TD U.S. Small-Cap Equity Fund - was finalist in the category for best U.S. Small/Mid Cap Equity Fund.
• TD Emerging Markets Fund - was a finalist in the Emerging Markets category.

"These recognitions also demonstrate the strength of our investment approach which helps investors work confidently towards their financial goals," added Cimoroni.

About TD Asset Management Inc.

Through TD Mutual Funds name, TD Asset Management Inc. (TDAM) provides a diverse range of 70 mutual funds, 26 professionally managed portfolios and 20 corporate class funds. TDAM manages retail mutual fund assets on behalf of more than 1.7 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 August 31, 2012, TDAM was the fourth largest mutual fund company in Canada, with $66.7 billion invested in TD Mutual Funds.

SOURCE: TD Asset Management Inc.