TORONTO, March 1, 2016 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, announced today the launch of five new series on two existing fixed income funds: the TD Canadian Corporate Bond Fund and TD U.S. Corporate Bond Fund (the "Funds").

These Funds are designed to meet the needs of investors seeking to generate regular income. The Funds invest in investment grade debt securities issued by Canadian or U.S. corporations and trusts, including mortgage-backed or asset-backed securities, as well as securities issued by Canadian or U.S. governments.

The Funds will be offered in the following series:

"TDAM is committed to helping our investors meet their most important challenges. Corporate bonds can provide enhanced yields compared to government bonds which is something our investors have been seeking," said Tim Wiggan, Chief Executive Officer, TDAM. 

As one of Canada's largest fixed income teams, TDAM uses extensive independent credit research, stringent security selection, sound yield and credit curve analysis and disciplined portfolio construction to deliver optimal risk-adjusted returns.

"We believe that TDAM is offering these new series of investment solutions at a pivotal time," added Wiggan. "Investors are dealing with the challenge of producing positive returns in the face of today's volatile financial markets. Yield maximization and generating income have become a priority for many investors, particularly for those looking to reduce their equity exposure."  

For more information or to see the applicable TD Mutual Funds prospectus, visit tdam.com.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated.

TD Mutual Funds and the TD Managed Assets Program portfolios are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank and are available through authorized dealers.

About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. in the U.S., TDAM brings new thinking to investors' most important challenges. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Collectively, TDAM manages over C$300 billion in assets as at December 31, 2015.

SOURCE TD Asset Management Inc.