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TD Asset Management Inc. announces intention to terminate operations of the Epoch Global Shareholder Yield Currency Neutral Fund
TORONTO, Sept. 12, 2018 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, today announced its plans to terminate operations of the Epoch Global Shareholder Yield Currency Neutral Fund.
Effective today, the terminating fund is closed to additional purchases, including Pre-Authorized Contribution Plans, and will be terminated on or about November 30, 2018.
Unitholders may redeem or switch their holdings in the terminating fund for settlement on, or prior to, the termination date. As at November 30, 2018, TDAM will liquidate the holdings of the terminating fund at fair market value, determine distributions and distribute the net assets to unitholders.
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. Asset management businesses at TD manage $357 billion in assets as at June 30, 2018. Assets under management include TD Asset Management Inc., TDAM USA Inc. and Epoch Investment Partners Inc. (Epoch). Epoch is a wholly owned subsidiary of The Toronto-Dominion Bank and an affiliate of TD Asset Management Inc.
SOURCE TD Asset Management Inc.
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