TORONTO, July 28, 2022 /CNW/ - TD Asset Management Inc. ("TDAM"), the manager of the TD China Income & Growth Fund, announced that effective July 28, 2022, the risk rating for the TD China Income & Growth Fund will be increased from "Medium-to-High" to "High". There are no changes to the investment objectives, strategy or management of the TD China Income & Growth Fund associated with the new risk rating.

The risk rating change is based on the standardized risk classification methodology mandated by the Canadian Securities Administrators (the "CSA") and an annual review conducted by TDAM to determine the risk level of publicly offered investment funds. A summary of the CSA's risk classification methodology, as well as the investment objective and strategy for the TD China Income & Growth Fund can be found in the TD Mutual Funds' simplified prospectus, available on TDAM's website, as noted below, or on SEDAR at https://www.sedar.com/

For more information about the Fund, please visit TDAssetManagement.com.

TD Mutual Funds are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

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. Mutual fund strategies and current holdings are subject to change.

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TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is a North American investment management firm. 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 $434 billion in assets. Aggregate statistics are as of March 31, 2022 for TDAM and Epoch Investment Partners, Inc. TDAM operates in Canada and Epoch Investment Partners, Inc. operates in the United States. Both entities are affiliates and are wholly-owned subsidiaries of The Toronto-Dominion Bank.

SOURCE TD Asset Management Inc.