TORONTO, June 10, 2019 /CNW/ - TD Asset Management Inc. (TDAM), the manager of TD Mutual Funds, today announced its intention to terminate the following funds (the "Funds") on or about September 6, 2019, to simplify its offering line-up and continue to deliver value to its clients:

• TD Core Canadian Value Fund
• TD Canadian Value Fund
• TD Canadian Value Class
• TD U.S. Low Volatility Currency Neutral Fund
• Epoch European Equity Fund
• TD Advantage Growth Portfolio
• TD Advantage Aggressive Growth Portfolio

Effective today, the Funds will no longer accept additional purchases, including purchases made through Pre‑Authorized Purchase Plans and Pre-Authorized Contribution Plans.

Securityholders of the Funds are encouraged to contact their investment professional to discuss the terminations and their investment options. Securityholders may redeem or switch their holdings in a Fund for settlement on, or prior to, the close of business on September 6, 2019 in accordance with the Funds' simplified prospectus. TDAM will not charge securityholders any short-term trading fees, switch fees, sales charges or other fees related to the Fund terminations.

On or about September 6, 2019, TDAM will liquidate the holdings of the Funds at fair market value, determine distributions and distribute the net assets to securityholders.

A notice will be sent to each securityholder of the Funds regarding the terminations.

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 $388 billion in assets as at March 31, 2019. Assets under management include TD Asset Management Inc., TDAM USA Inc., Epoch Investment Partners Inc. (Epoch) and TD Greystone Asset Management.

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.

TD Mutual Funds Corporate Class funds are issued by TD Mutual Funds Corporate Class Ltd.

SOURCE TD Asset Management Inc.