TORONTO, Sept. 10, 2013 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, has launched four new funds, and two retirement portfolios. The products address the evolving needs of investors at various stages in their investment life cycle.

The TD Retirement Portfolios aim to help investors' savings last longer in retirement by striving to protect assets against volatile markets while seeking income and modest growth. These solutions also offer investors exposure to TDAM's low volatility equities strategy, a broad and flexible fixed income approach, and an innovative and proprietary risk reduction strategy.

"As the population ages, investors are increasingly seeking solutions that not only offer regular cash flow with some potential for growth, but also have the ability to reduce portfolio volatility," stated Paul Orlander, President, TD Mutual Funds. "We believe the Portfolios have the potential to meet these needs."

The new TD Retirement Portfolios are:

• TD Retirement Conservative Portfolio
• TD Retirement Balanced Portfolio

TDAM has also launched four new funds that offer investors exposure to market opportunities outside of Canada and include two new low volatility options, extending TDAM's low volatility suite to four offerings.

The new funds are:

• TD U.S. Low Volatility Fund
• TD Emerging Markets Low Volatility Fund
• TD U.S. Monthly Income Fund-C$
• TD International Equity Fund

"Investors are looking for investment opportunities that will provide access to global markets with the potential to reduce risk.  Our new fund offerings respond to these needs and reinforce our position as a solutions-oriented investment manager," said Mr. Orlander.

These new products demonstrate TDAM's commitment to providing innovative, needs-based solutions that investors have come to expect from one of Canada's leading investment managers.

For more information, please see the applicable TD Mutual Funds prospectus: https://www.tdassetmanagement.com/home/index.jsp

About TD Asset Management Inc.

Under the TD Mutual Funds name, TDAM provides a diverse range of 74 mutual funds, 28 professionally managed portfolios and 20 corporate class funds. TDAM manages retail mutual fund assets on behalf of more than 1.8 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 Direct Investing, TD Wealth Financial Planning and TD Wealth Private Investment Advice, as well as leading investment dealers, independent brokers, advisors and financial planners. As of August 31, 2013, TDAM was the fourth largest mutual fund company in Canada, with CDN$75.2 billion invested in TD Mutual Funds.

SOURCE TD Asset Management Inc.